Multi Use Tavern Property For Sale - Business for Sale

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Bar with Apartments and Liquor License in Ogdensburg, NJ

Ogdensburg, NJ, US
Added 4 months ago
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores
5 years in business

Renovated bar with two apartments and liquor license located on a country road in Ogdensburg, NJ.

Key Information

Asking

$860K

Revenue

$375K

Earnings

$75K

Multiple

11.5x

Key Highlights

  • Gross sales: ~$260,000
  • Upstairs apartment income: ~$30,000
  • Building size: 1,760 SF main level + 2,600 SF basement (4,360 SF total)
  • Lot size: 0.60 acres
  • Seating capacity: 49
  • Parking: 20 spaces (1 handicapped)
  • Liquor license included (1916-32-004-006)
  • Fully renovated in 2020 with $600,000 invested
  • Real estate taxes: ~$15,000 annually
  • Insurance: ~$6,496 (fire & liquor)
  • ADA accessible, security & sprinkler systems
  • Legal closing time: 2:00 AM
  • Years established: 5

Contact Info

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