Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price	$595,000	Inventory	$2,500**
Gross Income	$250,000	Real Estate	Included in sale price*
Cash Flow	$100,000	Year Established	1950
FF&E	$275,000*	Employees	five

* included in the asking price

** not included in the asking price

Regal Consulting Corp: Offers, for your consideration, information concerning the asset & real estate sale of an outstanding popular Pub Restaurant & Lounge with an unbelievable river view in a prime area of New Jersey. This is a newly renovated Sports Bar - Family Restaurant with a unique niche, an Island where various functions such as Pig Roast / clambake type events are celebrated. Party Island Boarding the property is the Beautiful River, trout maintained watercourse stocked by the State. This riverfront location adds a Scenic Park like atmosphere and a favorite spot of local anglers year round. A major renovation was completed in 2005 Htr/ac, roof, security system, bathrooms/kitchen/bar areas, etc. This is a very unique business opportunity and represents a turn key operation to the new operator. The facility is a two story building on two acres with lots of room for expansion. This is the place where good friends and cold beer meet which offers fun times with American food and a pleasant warm atmosphere. The bar is known as an island because the property actually sits on the river with a walk over bridge. The restaurant offers appetizers to quality Steak Sandwiches, Buffalo Wings to Steamed Clams and much more. As a late night Pub the business has a wonderful atmosphere, good service and great fun for it patrons. The business has ample outdoor seating on a large attractive patio and a huge parking area. The business has had a solid gross income over the past many years of operation. The business has a huge potential for further growth and development with an improved marketing plan and an up dated venue. The owner is retiring after many successful years and will assist with the financing. A valuable consumption liquor license which has an approximate value of $125,000. Public utilities water, gas, electric and telephone and a complete expense list is available and on file.

Facilities: Prime location in North West New Jersey on a State highway with lots of drive by traffic and easy access from many roads. The facility consists of a total of 2,700 square feet on two plus acres with a seating capacity for 110 customers plus a huge outdoor patio. The facility also has a large second floor which can further expand the business for additional activities or catering. All equipment is in excellent condition and well maintained. The building facility has an indoor seating capacity for 110 customers.

Competition: No similar competitors are in this specific area and the business is located on a major State Highway with lots of drive by traffic.

Growth/Expansion: With a marketing plan and change of venu this business can be further improved and developed.

Seller Financing Available: Yes

Financing: Owner financing can be available to a qualifed buyer.

Support/Training: Full owner support post closing is available.

Reason Selling: Retirement after many years of succesful business