Lake Front Bar & Restaurant Live Entertainment

Not Disclosed, NJ
Sussex County

Active county road.

Asking Price: Annual Revenue:
$695,000 $1,277,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Lake Front Bar & Restaurant Live Entertainment Broker: Customer Service
Owner Financing is Available!
Owner financing is available.

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,277,000
Net Profit: $185,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $325,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 12
BBN Listing #: 52193909
Broker Reference #: rest809

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Business Overview:

Highly popular lakeside Bar Grill on a beautiful North Jersey lake which includes outdoor seating for two hundred customers. The sale includes a valuable consumption liquor license, live entertainment approval and breathtaking lakeside views. The restaurant also has an attached boat basin which includes private boat docs for restaurant customer use. The restaurant has a wonderful reputation for quality food and drink, representing 60% liquor sales. This is a most unusually opportunity, which offers a full-service bar restaurant which is the only restaurant with two heated and covered lakeside patios. Whether you choose to sit outside on patios or indoors, the view of the lake is spectacular. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

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Property Features and Assets:

This business opportunity is in northern New Jersey, Sussex County on a county road on a highly popular public lake which is the largest freshwater body in New Jersey approximately four-square miles (10 km2) in area. This restaurant business facility consists of approximately 6,000 square feet with a modern and professional appearance. The business is in a free-standing retail facility conveniently location for its various customers.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Owner retiring.

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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