Business Summary
North Jerseys LARGEST indoor/ outdoor venue w/ class C liquor license. Unique businesses such as this seldom come up for sale. Located on 10 acres of waterfront property in the heart or the NJ Meadowlands (Superbowl 2014) this business host not one but multiple cash flow opportunities. This sale encumbers the following listed below: (Business only, not property). Building Specs: 2 floors / approximately 8,000 Square Feet (Building Occupancy 1st 242 ppl. (2nd 202 ppl.) (Venue is Turn Key w/ a class C consumption license, 4 indoor bar areas, full kitchen, and is currently operating as a Sports Bar & Grill, 2nd Floor Lounge, and Banquet Facility. Entertainment is permitted.) Outdoor tiki bar, cabana, and volleyball area boasts 5 additional outdoor bars and consists of approximately 10,000 Square Feet of space. (This space can easily accommodate 2000 people). Park & Ride shuttle service for patrons attending all NJ Meadowlands events. (Includes Shuttle Bus.) Two tiered golf driving range w/ approximately 48 stalls and ball shed. (Can be subleased.) Boat Marina w/ approximately 32 boat slips, ramp, and additional land storage. (Can be subleased.) Paintball / Speedball area (Can be subleased.) Rent: Below market value. / Lease: 10 ½ years. / Off street parking for 100+ vehicles. Asking price: Sale price and lease terms with will be disclosed after a confidentiality agreement is signed. If you have a serious interest and would like more information please email us your name and contact phone number. Brokers with clients are welcome. All potential purchasers must send their personal financial statement, which seller will approve.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
The property is leased.
This is not a home based business opportunity.
This is not a franchise resale opportunity.
Property Details
Other Business Details
Premise Details:
Impossible to describe and relate what is involved in the purchase of this entity. Please read highlights.
Competition:
No other place like it in metropolitan area. Development and improvement of facility can bring in the investor over $2,000,000 profits if done right.
Business Operation Details
Support & Training:
The owner is willing to train/ assist the new owner.
Miscellaneous Details
Financing Available:
Yes
Owner would accept $645,000 financed on business, negotiable interest rate.
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