Business Overview:
This restaurant and bar also has a deli/liquor store. It is located in a very nice area on NJ around Yardley, New Hope and Washington Crossing. It sits directly on the Delaware River and Canal. It has been owed by the same family for over 30 years. It is in an area of heavy tourism, right across from the main entry to a State Park. The restaurant serves lunch and dinner and has a full broad liquor license. There is seating in two areas for 80 people plus seating at the bar for over 10 people. There is also a deck on the canal with seating for 20. The kitchen has been updated recently. During the summer there are long lines to get in. The business is solid all year long due to the high end housing in the area and year round tourism. There is also a 2 Bedroom apartment that is part of the building. There are two small parking lots that hold a total of 20 cars with other parking available. The building has great site lines and good signage. You would never be able to replicate this again as it sits right between the main road and the canal. There is an opportunity to expand the restaurant where the deli is. You could also rent that area to a Dunkin' Donuts or a Rita's as there is great traffic that backs up at your door all day long. The owner is also looking into changing the deli to a pizza by the slice operation to sell to all the walk up traffic and tourists. Price includes the building, business and liquor license.
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.
Property Features and Assets:
Free standing building on busy road that backs up to Delaware Canal. The building did NOT flood. The building is over 4,500 sq. ft. with a restaurant and a deli/liquor store on the first floor as well as a deck out side and a 2 bedroom apartment on the second floor. There are two small parking lots that hold 20 cars.
Market Competition and Expansion:
Market Outlook and Competition: This is a great location in a great area. It is located at the main entry of a state park and sits right on the Delaware Canal. Sales are doing well but a new owner could increase advertising and marketing. The current owners do very limited advertising. Incomes in the area are great.
Reason for Selling:
Retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: