Business For Sale

Large Restaurant Site & Liquor License

Morris County, NJ
Morris County


Asking Price: Annual Revenue:
$2,595,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Large Restaurant Site & Liquor License Broker: Robert E. Petrin, Jr.

Quick Facts

Asking Price: $2,595,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: Not Disclosed
BBN Listing #: 99345063
Broker Reference #: Not Disclosed

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Business Overview:

Large restaurant & bar facility on busy county highway with great access to other major state and county roads.
Affluent area in need of a quality restaurant.
If you build it they will come.

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Property Features and Assets:

255 seats plus outdoor dining. Great parking. County highway 200+' frontage, liquor license, apartment(s). Real estate included in the sale.

Market Competition and Expansion:

Affluent area with few good dining options. Facility needs serious TLC. With renovations this is a much higher volume location. Most any concept will work here.

Reason for Selling:

Retiring.

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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Disclaimer:

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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