Financing: $1,250,000.00 Down and $250,000 at P 3 over 36 Months.
Reason for Selling:Other interest.
This is an opportunity to purchase newly-zoned "Town Center" property, with a profitable business. This is an opportunity to generate multiple income streams at
one time. Seller financing available. This business is ideal for a developer with liquor license, and bar and grill interest and experience. It is a multi-story zoning
property development, with potential for 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, what 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 onto other interests, and is now selling business and property (must be purchased together,
as seller has no interest in being 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: one acre, total,
compromising three individual lots. Property size: single story business building with 6,000 sq. ft. of bar, dining room, catering room, kitchen and storage, 6-unit, 2-story apartment building and
2-story building, housing one commercial tenant and three apartments, and one-story building with two apartment units. Residential unit of 1700 sq. ft., with one 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 a quick sale and closing.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.