Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price	$750,000	Inventory	$3,500*
Gross Income	$350,000	Real Estate	Included in sale price*
Cash Flow	$100,000	Year Established	1945
FF&E	$245,000*	Employees	six

* included in the asking price

** not included in the asking price

Regal Consulting Corp, offers for your consideration, information concerning the asset sale of a successful Restaurant Lounge in a prime area of Union County, New Jersey. The facility consists of 1,500 square feet with a seating capacity of 88, which includes an attractive lounge area with a capacity for 24 customers. The business is located on a busy commercial avenue in the hub of a business setting next to a municipal & police department. The location also has a huge municipal parking lot directly across the street from this business. The business has existed for sixty successful years and the present owner has elected to retire and market building and business which includes the liquor license. The real estate has a recent appraisal of $565,000 and the liquor license value is $145,000. This is a solid opportunity at a very reasonable price to own successful Pub Restaurant in the best area of New Jersey. The business requires an onsite owner and an improved marketing plan in order to further develop the gross income.

Facilities: Located on a highly traffic county road in a busy urban commercial area of New Jersey. This is also a prime commercial area with a huge number of businesses including the municipal complex and police department that use this restaurant. The facilities consist of 1,800 square feet, two floors, with a clean modern appearance consisting of the dining room and lounge area. The business has an indoor capacity for 88 customers.

Competition: No other Pub Restaurants are in this particular area of this facility.

Growth/Expansion: The business requires on site ownership, a new advertising plan and a new image to attract additional income flow.

Seller Financing Available: Yes

Support/Training: The seller will supply a full transitional period to new buyer.

Reason Selling: Retirement after 30 years in the industry.