Turnkey Banquet Hall & Restaurant - PRICED TO SELL

Tabernacle, NJ
Warren County

Asking Price: Annual Revenue:
$219,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turnkey Banquet Hall & Restaurant - PRICED TO SELL Broker: Bill Lerman

Quick Facts

Asking Price: $219,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 8
BBN Listing #: 898643736
Broker Reference #: Not Disclosed

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Business Overview:

Fantastic opportunity to operate a fully functional restaurant with liquor license (included in price) and banquet hall. Currently operated as an Italian Restaurant. Outdoor seating area generates extra revenue in warm weather months.

Two banquet rooms (3,800 Square Feet and 1,200 Square Feet) offer a variety of catering options from weddings to more intimate smaller gatherings.

Plenty of onsite parking.

Everything is included in this sale!

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Property Features and Assets:

Sale includes all fixtures and equipment. Liquor license is also included in price. Total space occupied within building is 8,000 Square Feet. This is a true Turn Key business that will allow new owner to generate revenue from day one!

Market Competition and Expansion:

Limited competition in local area. Great location easily accessible from Route 22 or Interstate 78. New owners can expand marketing and grow both the restaurant and banquet portions of this turnkey business.

Reason for Selling:

Owners retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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