Winning Rest/Bar With Property
Middlesex, NJ Middlesex County
Middlesex
Seller's Contact Information
- RE: Winning Rest/Bar With Property
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $1,950,000 | |
| Annual Revenue: | $2,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 400,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1982 | |
| Employees: | 38 | |
| BBN Listing #: | 520433937 | |
| Broker Reference #: | OUT |
Business Overview:
There has been a successful high grossing restaurant on 2 story book acres for 3 decades a tried and true AAA location. It is an extraordinary opportunity to purchase a high grossing restaurant of this caliber with the property. There are very few restaurants for sale with a chance to own the property, which at the end of the day you have built up equity and have something to sell. The restaurant is extremely well done with a warm inviting ambiance attracting a large loyal clientele from far and near. The popular booming 80 seat bar/lounge is enjoyed by one and all. The outside multi level patio in a country setting is a thing of beauty. This is a one of kind must see act now call to make an appointment to see this thriving Restaurant
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Property Features and Assets:
4,500 prosperous square feet, rare chance to own the property on 2 enchanting wooded acres, 80 captivating dinning seats, 80 electric lounge/bar seats, 50 enthralling multi level stunning patio seats, recent total renovation, large ample parking lot, full kitchen up to code, incredible large custom wood bar with over the top back bar, high grossing profitable 60% food to 40% liquor ratio, restaurant at this location for 32 years
Market Competition and Expansion:
Competition: AAA prime location for decades Growth & Expansion: Not much to do here
Reason for Selling:
retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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