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Sports Bar Available - $440,000 (passaic, nj)
161 8th street
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Very good clientele
Current owner has been operating the business for 7 years and wants to retire
Asking $440,000 and is willing to do some owner financing
Current expenses:
Rent $3,100
Gas and electricity $500-600 a month
Water and sewer $200 a month
Insurance $1,500 a month
All personnel are commission based (1099)
Owner nets profit is between $12,000 to $15,000 a month
Owner also has a license to sell food but currently does not have a kitchen
Currently operating Mon to Sunday 7pm to 3am, new owner can open earlier. Most similar bars open at 2pm
Please do not go direct, call or DM to see it
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