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Bar, Catering Hall, Restaurant & Building
Location: United States -> New Jersey -> Garfield
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Only $849,000! Once in a lifetime opportunity! Operated for over 130 years w/only 3 owners! Commercial property includes profitable 50+ capacity owner operated bar w/liquor lic. & oversized basement refrig/storage area. Full restaurant with 60+ capacity, professional stainless steel kitchen, full banquet catering hall w/sep. entr, bar & 125 + seating capacity - perfect for weddings, birthdays, showers, etc..

Two rental apartments w/sep ent - one totally remodeled w/3brs, jacuzzi tub and new kitchen - other is a 2bdr! Huge basement area (former bowling alley) is town grandfathered for expansion potential. (block 00156/lot 00019) lot, all brick building is in exc. cond. & offers zoned heat/central air . Package deal includes entire business, building, bar, catering hall, restaurant, 2 apts, liquor license

Call Curtis 'Curt' Benedetto - Coldwell Banker
201-887-6618 cell
201-825-5115 office


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $307,000
Cash Flow:   $151,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  1900
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retirement

Photos

View Larger Photo(s) Of Business
Bar, Catering Hall, Restaurant & Building Photo 1 Bar, Catering Hall, Restaurant & Building Photo 2 Bar, Catering Hall, Restaurant & Building Photo 3




Print Listing Id: 700207890
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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