Bar/Karaoke/Lounge/Club(EB5VISA possible) - Business for Sale
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Bar and Karaoke Lounge in Bergen County, NJ
NJ, US
Added 2 months ago
Bar/Karaoke/Lounge/Club
14 years in business
Absentee / Semi-AbsenteeRetiring Owner
Bar, karaoke lounge, and club located in Bergen County, NJ, operating for 14 years and situated one mile from the George Washington Bridge.
Key Information
Asking
$988K
Revenue
$3.1M
Earnings
$450K
Multiple
2.2x
Key Highlights
- Full liquor license must be purchased separately for $650,000 (market value $800,000)
- Business has been established for 14 years
- Located in Bergen County, NJ, one mile from George Washington Bridge
- 17000 sq ft space with 125 parking spaces
- Base rent is $26,523, with additional property tax, maintenance, and insurance around $3,000
- Owner reports $4,000,000 spent to build the business
Contact Info
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