ID# 1560 –Bar/Restaurant In Phenomenal Location

Not Disclosed, NJ
Essex County

near major highways

Asking Price: Annual Revenue:
$2,650,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: ID# 1560 –Bar/Restaurant In Phenomenal Location Broker: Seller of Business

Quick Facts

Asking Price: $2,650,000
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: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 723657204
Broker Reference #: 1560

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Business Overview:

Phenomenal, prime downtown location with large municipal parking awaits you in Essex County, NJ. Boasting a newer roof and HVAC, this location has it all including solid $40k per week average gross sales. Total square footage is 7,980 on two levels with the upstairs being a party room. Downstairs features a large bar with 21 taps and ample seating for ala carte. There is also a full footprint basement for bathrooms, office, prep, storage and possibly a small speakeasy with its own private entrance. Access to major highways are mere moments from this location. The current owners have other real estate and business interests and are moving out of the area. They are therefore looking to divest in the restaurant so they can focus on their other ventures. Although current sales are solid, the place still has room for growth. It would just take energy and ideas from a new operator to get it there. Are you that operator? If so, schedule a showing today before someone else capitalizes on this amazing location.

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Property Features and Assets:

Sale includes business, property liquor license and FF&E

Additional Details:

  • The property is owned.
  • The owner is not 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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