Property Listing No Longer Available for Sale

Sanford Ave, Newark, NJ

Business for Sale - $999,000


Property Info

CIMLS#326283
Location
  Sanford Ave
  Newark NJ 07106
UpdatedJanuary 25th, 2012
TypeBusiness
Price$999,000

Property Description

Well Established GOGO Bar of 35 Years in Newark NJ . Absentee Owner of 15 Years .

Complete & Total Renovation in 2009 ! All Equipmement is Owned ,Not Leased !

Includes : Berg Pouring System, PosiTouch (POS) Registers,21 Camera Surveillance with Remote Viewing,Smoke/Burglar/Fire Protection,

DJ Booth, (4) Flat Screen TV's,Projector Screen & So Much More !

Also has a Fully Renovated (2) Bedroom Apartment with Hardwood Flooring Throughout above the Bar . Full Basement .

Bar has a Clean Broad "C" License ,No Marks,Full & Clean .

Bar is Currently Grossing 1.2 Million .

Business : $ 700,000

Property : $ 299,000

Owner will consider staying on board for a period of 60 Days .

Owner will consider holding the note to All Qualified Buyers . Must have a Sizeable Down Payment.

For Further Info Please Contact Gregory @ 718-208-3723. Please leave a message. Or reply to this ad via email .


Financials