Bar, Restaurant, Catering

Not Disclosed, NJ
Somerset County

Somerset County

Asking Price: Annual Revenue:
$475,000 $1,350,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar, Restaurant, Catering Broker: Regal Consultants

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: $290,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 46103909
Broker Reference #: REST792

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Business Overview:

Best of the best location for this six thousand (6,000) square foot restaurant tavern in a prime area of Somerset County New Jersey. The business has an average gross yearly income of $1,350,000 which can be further developed by a new operator. The sale includes a valuable consumption liquor license, and the selling price has been adjusted accordingly. The owner is retiring after many successful years in this industry and will finance the sale to a qualified potential buyer. This is a very usual business opportunity and based on the asking price, with future growth, this business expects to supply a consistent return on investment to the owner operator.

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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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