Saloon Restaurant Club
Middlesex County, NJ
| Asking Price: | $750,000 |
| Gross Revenue: | $1,400,000 |
| Rent: | $9,000/Month |
| Established Year: | 2023 |
| Cash Flow: | $200,000 |
| Inventory: | $10,000 |
| FF&E: | $385,000 |
Listing ID: 2308315Listing provided by BizBuySell
BUSINESS DESCRIPTION
Restaurant Saloon
Highly successful, one-year young bar restaurant with a Latin flavor on a New Jersey state highway with a valuable liquor license and entertainment approval. The company, which is in Somerset County, projects a gross income of $1,400,000 for 2024 and with additional hours and days expects a 2025 gross income of approximately $2,000,000. This is a dependable safe business opportunity and based on the asking price, required down payment with owner financing and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
01/01/2035
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business opportunity is one year young, in central New Jersey, Somerset County, in the city of Green Brook, on a highly active state highway. This business facility consists of approximately 6,000 square feet with an ultra-modern, attractive and professional appearance. The business is in a free-standing retail facility conveniently location for its various customers.
Competition
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion
Regarding growth and expansion, this restaurant can be further developed by increasing the operating days and longer hours. Also, by improving the website and marketing system. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing
, seller financing is available for this transaction is available to a qualified buye
Support & Training
Training and owner support, the seller will supply an appropriate training post closing to the purchaser.
Reason for Selling
The purpose of this business transaction is due to the owner alternative busines
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