Bar/Karaoke/Lounge/Club(EB5VISA possible) - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🎤
Bar/Karaoke/Lounge/Club in Bergen County, NJ
NJ, US
Added 2 days ago
Bar and Karaoke Lounge
14 years in business
Absentee / Semi-AbsenteeRetiring Owner
Entertainment venue including bar, karaoke, lounge, and club located in Bergen County, NJ, with potential for EB5 visa application.
Key Information
Asking
$988K
Revenue
$3.1M
Earnings
$450K
Multiple
2.2x
Key Highlights
- Business has been established for 14 years
- Full liquor license must be purchased separately for $650,000 (market value $800,000)
- Total investment including liquor license is $1,650,000
- Base rent is $26,523, with additional property tax, maintenance, and insurance around $3,000 for 17,000 sq ft space with 125 parking spaces
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence