Liquor Store Tavern For Sale - Essex County, New Jersey, NJ

PROFILE: Very Attractive Liquor Store Tavern In safe Area

AD/LISTING INFORMATION
Status: Available
State: New Jersey
Location: Essex County
County: Essex
City: None Given
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  132360
Seller Or Contact:  Vito Mastromonaco
Primary Phone:  908-851-9040
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  9/30/08
Date Ad Last Revised:   9/30/08

FINANCIAL INFORMATION
Asking Price: $555,000
Down Payment: $500,000
Annual Revenue: $456,000
Annual Adjusted Net: $223,002
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: Yes
Bkr To Bkr Cooperation: No

DESCRIPTION: Completely Rebuilt With New Internal Construction Throughout Building Basement And First Floor. Very Attractive Interior With 10 Door Refrigeration And 10 Barstools And 20 Seating For Club Atmosphere 50%. Take Out 50% Bar And Figures Are Growing. These Are Grossly Underestimated Projected Figures As Place Is Doing In Excess Of $9,000 – Weekly – Sales Are Divided Equally Between Beer/Wine/Liquor. Place Even Has Small Prep Kitchen (Not Presently In Use). Attractive Bar Always Has Patrons In Evening Becomes Packed With Loud Music Coming From Much Used Juke Box. Business Is Increasing Weekly In Safe Area Of City Comprised Of All Single Family Homes. Has Attractive Female Bartenders On Weekend, Now Is Area Gathering Place As There Are No Other Bars Or Liquor Stores In The Entire Area. Except In Rough Areas – This Business Is Once Valued At $180,000. Building $275,000 Ff+E $230,000 Total Value $685,000 Because Owners Disagree Pick It Up For $555,000 Building License And Business. Projected Earning Figure Of $223,000 Should Be Reached Well Before Year Is Out.

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