Liquor Store & Pub in North Western New Jersey and located on US State Highway Route 46 in Warren County. This foreclosure business & real estate has been priced well below fair market value. This fifty years old business which has been upgraded and remolded during the past recent years consists of a one acre site with substantial parking. This location consists of a beautiful site on the flowing Pequest River. The business sale includes all the necessary equipment to operate the Pub Restaurant, including the liquor license, a full commercial kitchen, etc. The facility’s square footage is 2,450 on one main floor with a full basement and seating capacity for approximately 101 customers. The site has private parking for forty vehicles as part of the transaction. The business was active Seven Days, hours from 12:00 pm 2:00 am. The business has a valuable Consumption Liquor licensed which allows the business to serve liquor and sell as a retail liquor store. The purchase includes the business, real estate and liquor license which includes ownership rights to the river. The business has a pleasant attractive image with a large outdoor patio overlooking the river and a huge back yard which is often used for outdoor activities. The business had previously produced a substantial income of $500,000 and a consistent net income to the owner. The business requires redecorating in order to fully convert to a liquor store.
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Property Features and Assets:
The facility consists of 2,850 sq. ft. with a huge bar, commercial kitchen, large patio, full basement and private parking. The facility has a legal capacity of 101customers and all equipment is in working condition. The Business is located in North West New Jersey, Warren County on US 46 state highway. The facility which is free standing is on the Pequest River with a spectacular view.
Market Competition and Expansion:
There is no other nearby competitor liquor stores or pubs in the particular area and license requirement prevent any new liquor establishments. The business must be reopened, owner operator and requires a marketing system in order to be further developed.
Reason for Selling:
The present owner is in foreclosure
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.