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Well Established Restaurant DINER/PUB Restaruarnt with Liquor License

Bergen County, NJ

Seller Financing Available

listing image
Asking Price:$899,000
Gross Revenue:$1,300,000
Established Year:1994
Cash Flow:$250,000
Real Estate:$200,000
Listing ID: 2279139Listing provided by BizBuySell
BUSINESS DESCRIPTION

WELL ESTABLISHED OVER 30 YRS HIGH VOLUME LUCRATIVE RESTAURANT /PUB WITH LIQUOR LICENSE: APPOINTMENT IS REQUIRED. DON'T LOOK FURTHER. BUSINESS OVER 30 PLUS YEARS. SITUATED ON HEAVY TRAFFIC AREA , CLOSE TO NYC: 5000 SF DINING AREA, UPDATED KITCHEN EQUIPMENTS, UPDATED FLOOR, NEWER BATHROOMS, NEWER COUNTER SYSTEMS, NEWER TVS, FULL BASEMENT, 50 PLUS CAR PARKING SPACES, PERFECT OPPORTUNITY TO OWN FAMILY RESTAURANT BUSINESS WITH LIQUOR LICENSE.$13000 MONTHLY RENT AND PROPERTY TAX, 21YR LEASE REMAINING: NOTE: RENT WAS ADJUSTED LOWER AFTER COVID 19

DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Employees
30
Facilities
5000 SF DINING AREA, UPDATED KITCHEN EQUIPMENTS, UPDATED FLOOR, NEWER BATHROOMS, NEWER COUNTER SYSTEMS, NEWER TVS, FULL BASEMENT, 50 PLUS CAR PARKING SPACES, CLOSE TO LINCOLN TUNNEL: REAL ESTATE FOR SMALL PARKING LOT IS INCLUDED IN THE SALE ( VALUE OF $200,000) LIQUOR LICENSE (LAST SOLD $85,000) INCLUDED IN SELLING PRICE
Competition
YES, MORE ROOM TO GROW DUE TO HEAVY TRAFFIC LOCATION AND LIQUOR LICENSE, CLOSE TO NEW YORK CITY WITHIN 15 MINUTES, CLOSE TO MET LIFE STATIUM AND AMERICAN DREAM
Growth & Expansion
MORE ROOM TO GROW WITH HEAVY TRAFFIC WITH LIQUOR LICENSE AS PUB OR PANCAKE HOUSE, CURRENTLY BUSINESS HOURS 7AM TO 10 P.M
Financing
SOME SELLER'S FINANCING AVAILABLE UPON ASKING
Support & Training
2 WEEKS TRAINING
Reason for Selling
FOR RETIREMENT
Home-Based
This business is Home-Based
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ERIC SUH
Young Star Realty, LLC
Phone Number
ERIC SUH
Call Phone