Seller's Contact Information
- RE: Lake Front Bar & Restaurant
- Contact: Customer Service
Quick Facts
| Asking Price: | $675,000 | |
| Annual Revenue: | $1,250,000 | |
| Net Profit: | $195 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 12 | |
| BBN Listing #: | 21093909 | |
| Broker Reference #: | REST790 |
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 a 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. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumvential Agreement.
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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. Lake Hopatcong is the largest freshwater body in New Jersey approximately 4 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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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