Business For Sale

Successful Tavern- Restaurant in Central NJ

Not Disclosed, NJ
Somerset County


Asking Price: Annual Revenue:
$2,400,000 $2,500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Tavern- Restaurant in Central NJ Broker: Robert Petrin, Jr.

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $2,500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: Not Disclosed
BBN Listing #: 411545063
Broker Reference #: 14

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Business Overview:

A very successful operation for decades, with extremely strong liquor sales, an outdoor patio, a great kitchen, and a valuable Liquor
license. Included in sale are the Liquor license, a long term lease, Furniture, fixtures, equipment, and marketing. Owner would consider an option in the lease to purchase the real estate.

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Property Features and Assets:

Located on a busy state highway, with large lot and plenty of parking, storage and refrigeration.

Market Competition and Expansion:

No similar concepts nearby. A more youthful operator with fresh ideas could easily increase the sales dramatically.

Reason for Selling:

Retirement.

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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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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