Listing ID: 45489

Business Overview

Property is owned by the sellers, providing significant leverage and security for any leasing arrangements.

Business comes with a rare and hard to obtain New Jersey liquor license valued at $400,000.

The business has shown commendable growth over the last three years with revenues
rising from $231,852 in 2020 to $329,488 in 2021, and further to $572,926 in 2022.

The owners are actively involved in the daily operations along with 7 part time employees, contributing to areas such as food preparation, management, bar managing, cleaning, and stocking.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $1,200,000
  • Cash Flow: $200,000
  • Gross Revenue: $572,926
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.