Great Restaurant w/ Real Estate, C Liquor License-A Real Money Maker

Location: New Jersey, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $4,495,000
Cash flow: $670,000
Revenue: Not Disclosed
Gross Income: $1,800,000
Inventory: $20,000 - Included in the Asking Price
FF&E Not Disclosed
Real Estate: $2,200,000 - Included in the Asking Price

Business Details

This is a modern restaurant with a nice bar, private banquet room, and a great take out/delivery business. Fantastic property with access on two streets, one is a major highway. This is a great opportunity-excellent profits! $670,000.00 net profits on the tax returns, provable income so financing is easy for qualified buyers! This is a real money maker-won\\\'t last long!

Beautifull 7,000+ sq.ft. restaurant with a liquor license. This is a great business with high cash flow, established for 9+ years. Located on a major highway in a growing area outside of a Jersey shore town. The business generated is from local residents as well as tourism traffic. There is a second 1,600 sq.ft. building that produces rental income of $1,800.00 monthly. Property is just under 1 acre. The business has a full service restaurant, banquet room, catering and a nice bar. There is also a good local delivery business.

Great location on major highway, very few nice restaurants with liquor licenses in town.

This business grows every year! The bar revenue could be greatly increased by staying open past 9:00pm.

General Information

Reason Selling: Other Business Interest.

Number of Employees: 45
Year Established: 1997