Full Service Casual Restaurant + Bar

Not Disclosed, NJ


Asking Price: Annual Revenue:
$289,000 $75,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Full Service Casual Restaurant + Bar Broker: Greg Carafello

Quick Facts

Asking Price: $289,000
Annual Revenue: $75,000
Net Profit: Not Disclosed
Cash Flow: $161,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 8
BBN Listing #: 131757222
Broker Reference #: 206-20698

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Business Overview:

Owners retiring after 20 years of Good Will. YOU can OWN A casual and unique menu and full bar in a growing and beautiful location, this 20 year old successful restaurant is a great opportunity for someone interested in having their own gastro pub. You can expand the hours to include lunch and add entertainment in the best location on a river in NJ. This restaurant includes 1200 square feet of outside dining space! Well organized, very loyal customers the owners have serviced over 20 years. For additional information please contact listing agent Greg Carafello.

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Property Features and Assets:

This is a leased location of 1,200 square feet with a Total Rent of $3,500. Seller is active in the business with 1 Full Time employees and 7 Part Time employees. Hours of operation are 5 - only open for dinner to 10:00 pm, Tuesday - Sunday. $2,000 in Inventory and $50,000 in FF&E included in Asking Price. $200,000 made in Leasehold Improvements. Assets include Class C Liquor License! Liquor License Required.

Reason for Selling:

Retirement

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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