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Business for Sale Summary

Burlington County Bar & Grill - 27039

Business Type: bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes,agents/brokers,other business services,business with property available,seller financing available
Burlington County Bar & Grill
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This business has received 23 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,250,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$1,250,000 Down and $250,000 at P 3 over 36 Months.

Business Description

ATTENTION BAR, RESTAURANT, AND PROPERTY BUYERS THAT ARE LOOKING FOR LOCATION, LOCATION, LOCATION ? RIGHT NEXT TO TWO MAJOR MILITARY BASES AND ON MAJOR CITY INTERSECTION. This is an opportunity to purchase newly zoned "Town Center" property with profitable business. This is an opportunity to generate multiple income streams at one time. SELLER IS OFFERING FINANCING TOO. This business is ideal for developer with liquor license, bar and grill interest and experience. It is a multi-story zoning property development potential with first story liquor/food opportunity. Currently profitable business and rent rolls on existing property structures. State of New Jersey has proposed and is promoting "Town Center" development and this business and land parcel are at the very heart of the proposal. There will be no better address for this development. Seller is eager to exit at he believes is a reasonable sale price. As business and rent roll are profitable, new investor/developer has the opportunity to "cover" purchase price while architectural, development and financing planning are completed. The customers love it. In fact one customer stated, ??Nice place with darts, pool and even a beer pong table. They have many nights of specials. Nice staff, great food and service! Can't wait to go back and try out more of the menu.? This is a great and potentially historic opportunity to share in the redevelopment of this very distinct locality. This is a great opportunity to create a business and real estate "home run". National brands are also taking advantage of the "Town Center" zoning, thus creating an "assured" opportunity for this business and property. Seller recently repossessed business due to inexperience of last buyer. Original owner wants to move on to other interests and is now selling business and property (must be purchased together as seller has no interest in being a landlord). There are multiple opportunities for this business and property. The business: recently renovated bar and grill. Already profitable and functioning profitably. This is a popular local destination with only one competitor in town. This is a very distinct locality with no opportunity to add competition. Property: 1 are total compromising 3 individuals lots property size: single story business building with 6,000 SF of bar, dining room, catering room, kitchen and storage ; 6 unit 2 story apartment building; 2 story building housing one commercial tenant and 3 apartments; 1 story building with 2 apartment units. Residential unit of 1700 SF with 1 story and full basement completely remolded. Property must be purchased with business. (Vested Business Brokers represents the sale of the business only.) Call broker at 1-877-735-5224 because all offers are being reviewed for quick sale and quick closings.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.