Business For Sale

Casual Dining & Sports Bar -Turn Key -High Volume!

Morris County, NJ
Morris County

Asking Price: Annual Revenue:
$3,300,000 $2,400,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Casual Dining & Sports Bar -Turn Key -High Volume! Broker: Rob Petrin, Jr.
Owner Financing is Available!
Some secondary possible.

Quick Facts

Asking Price: $3,300,000
Annual Revenue: $2,400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 30
BBN Listing #: 954445063
Broker Reference #: Not Disclosed

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Business Overview:

A turn key, high volume casual Bar & Grill on a fantastic property.
Great liquor sales and additional rental incomes make this a "Must See" opportunity.

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Property Features and Assets:

5,000+/-sq. ft. on 2.3 flat highway acres. In addition, 1 residential house and 1 retail store. Rental provide for $5,500 per month income. Tons of parking and highway frontage for great visibility. Large offices on 2nd floor. All in great condition. Great outdoor patio too. This is not for a novice restaurant person.

Market Competition and Expansion:

Some national chains nearby but they were all pre-existing. Sales have always been strong since opening 8 years ago. New management could increase bottom line with little effort. Food could be improved with new management although concept has a very strong following.

Reason for Selling:

Family Issues.

Additional Details:

  • The property is owned.
  • 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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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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