Restaurant Tavern With Real Estate In Great Highway Location For Sale

Business description

A Historic Restaurant Tavern offered with the real estate property is located on a major highway of Northern New Jersey. The entire business facility was recently remodeled for a more modern appearance. This Bar has existed for fifty two years with a solid income for the present owner. This business is very popular and enjoys rave reviews for offering an outstanding dining and entertaining experience in a pleasant atmosphere. The business generates annual sales of $400,000 and continues to grow. This large facility is on 1.43 acres and has full entertainment approval. The seller has elected to market the business with the real estate property, which is available through our real estate division. This is truly an excellent purchase priced well below market value. Please call us for additional information.

Property information

Real Estate:

Real Property Included

Location:

Facility consists of 3,300 square feet with an indoor capacity for 90 customers. The business has a valuable Consumption Liquor License which is included in the sale. There are parking spaces for forty vehicles available onsite.

Other information

Competition / Market:

No other competitors exist in the general area. With continued good service and a new marketing plan the business can improve.

Support & training:

Seller will provide a full due diligence and transitional period.

Reasons for selling:

Other Business

Trading hours:

Mon-Thur 11:00am-11:00pm, Fri-Sat 11:00am-2:00am & Sun 12:00pm-11:00pm

Financing available:

Owner financing is available for a qualified purchaser.

Furniture / Fixtures value:

$150,000

Inventory / Stock value:

$12,000 (included in the asking price)