Bar/Restaurant (Property by Owner) in NJ
Mercer County, NJ

Financing: $1,520,000.00 Down and The listing will qualify for SBA financing with at least 30% down. BUSINESS. LIQ. LIC. AND PROPERTY MUST BE PURCHASED TOGETHER.

Reason for Selling:Divesting.

Stand Alone Bar/Rest/Liq. Lic. & Property. The bar and restaurant business and liquor license are asking $1,520,000. The property must be purchased as well, directly through the owner, for an additional $1,510,000. Total ask price of $3,030,000.00 Phenomenal growth in 2021 and 2022! This is a prime corner location in the middle of a very busy area. They have fantastic reviews and offer traditional American fare. In the past year the business grossed approx. $2,176,737.58 with a net cash flow of approx. $334,835.12 for an owner/operator. These are verifiable financials. The business is fully staffed with 20 employees. The purchase price breaks down as follows, the F,F&E, goodwill, and liquor license for $1,520,000 and the stand alone property (with private parking lot) for $1,510,000 direct from the owner. The owners keep excellent financial records. As such, the business will qualify for SBA financing with approx. 30% down ($866K). We are seeking a serious and financially qualified buyer with at least $909K in liquid funds, good credit, collateral and industry experience. Proof of funds will be requested. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.