Bar/Karaoke/Lounge/Club in Bergen County, NJ with EB5 Visa Potential
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Financial Details
- Asking Price:
- $988,000
- Annual Revenue:
- $3,100,000
- Cash Flow / SDE:
- $450,000
- Valuation Multiple:
- 2.2x
- Location:
- Bergen County, NJ, US
- Source:
- Date:
- August 20, 2025
Key Highlights
- Established bar/karaoke/lounge/club in Bergen County, NJ with strong cash flow ($450k) and gross revenue ($3.1M).
- Offers EB5 Visa potential for investors.
- Asking price is $988k plus $650k for liquor license; features low base rent and long lease.
Description
Established in 2012, this Bar/Karaoke/Lounge/Club in Bergen County, NJ, presents a prime investment opportunity with EB5 Visa potential. The business boasts a strong cash flow of $450,000 and gross revenue of $3,100,000. The asking price for the business is $988,000, with an additional $650,000 required for the town's full liquor license. The low base rent of $26,523 and a long lease term add to the appeal. The owner is selling to retire.
Industry Information
- Industry Description:
- Bar/Karaoke/Lounge/Club
- Classification:
- Restaurants & Food
Listing Details
- Listing ID:
- df1b72c1-b434-486b-8c0f-455832c30016
- Deal Status:
- For Sale
- Date Posted:
- August 20, 2025
- Last Updated:
- August 20, 2025
- Currency:
- USD
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