Business For Sale

Burlington County Bar & Grill - 27039

Burlington County, NJ
Burlington County


Asking Price: Annual Revenue:
$1,500,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Burlington County Bar & Grill - 27039 Broker: Lee Jani

Quick Facts

Asking Price: $1,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 9
BBN Listing #: 81124447
Broker Reference #: 27039

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Business Overview:

Opportunity to purchase newly zoned "Town Center" property with profitable business. Ideal for developer with liquor license.bar and grill interest. Multi story zoning property development potential with first story liquor/food opportunity. Currently profitable business and rent rolls on existing property structures. State of New Jersey has proposed and is promoting "Town Center" development and this business and land parcel are at the very heart of the proposal. There will be no better address for this development. Seller is eager to exit at he believes is a reasonable sale price. As business and rent roll are profitable, new investor/developer has the opportunity to "cover" purchase price while architectural, development and financing planning are completed. This is a great and potentially historic opportunity to share in the redevelopment of this very distinct locality. This is a great opportunity to create a business and real estate "home run". National brands are also taking advantage of the "Town Center" zoning, thus creating an "assured" opportunity for this business and property. Recently repossessed by owner business. Original owner wants to move on to other interests and is now selling business and property ( must be purchased together as seller has no interest in being a landlord). There are multiple opportunities for this business and property. The business: recently renovated bar and grill. Already profitable and functioning profitably. Popular local destination with only one competitor in town. This is a very distinct locality with no opportunity to add competition. Property: 1 are total compromising 3 individuals lots property size: single story business building with 6,000 SF of bar, dinning room, catering room, kitchen and storage ; 6 unit 2 story apartment building; 2 story building housing one commercial tenant and 3 apartments; 1 story building with 2 apartment units. Residential unit of 1700 SF with 1 story and full basement completely remolded. Property must be purchased with business. ( Vested Business Brokers represents the sale of the business only. All negotiation and consideration regarding property is directly through the seller).

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Reason for Selling:

Other Business Interests

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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