Amazing Deal. Bar/Restaurant/Nightclub & Huge Patio for Sale and Lease

Morris County, NJ
Exterior

Seller Financing Available

Asking Price:$1,999,000
Established Year:2020
FF&E:$1,000,000
BUSINESS DESCRIPTION

Morris Twsp. 3 Min. from Morristown Green. Cannabis approval Pending

More Photos Upon Request. Valuble Liquor License. Restauranteur/Bar Owner/Cannabis Retailer, this is the Place you have dreamed of owning. Turnkey Business. Additional images & docs. available upon NDA. Perfect Location for a BREWERY, BBQ RESTAURANT & BAR, etc. CANNABIS APPROVALS are Pending for the location (within 2 Months+/-). Business is For Sale in Morris Township & walking distance from a thriving "walking" town (Morristown) replete with retail and living. Train station & bussing within minutes. Densely populated area with very high influx of business commuters. Seconds from access to/from an interstate highway. Beautiful well-appointed/designed business within a 11,700 square ft of building. Renovated in 2019. Three Distinct Rooms/Areas Each with its own Bar. Plus a giant Brick Paver Patio with New Covered (Standing Seam) Full Service Pavillion Bar. All with Separate entrances as well as access to each other from within. Current Upscale Sports Bar/Adult Evening "Club" venue with new, full professional kitchen. Walk-In Refrig./Freezer. Two Large Walk-In Keg Storage Cooler Boxes. (Site also currently approved for Adult Business/Entertainment/Gentlemen's Club). Each room boasts a full-service bar and performance stages for bands, djs & other. Current establishment has been designed to be easily convertible to a mainstream Restaurant & Bar. Conversely, the entire establishment can be utilized as an adult venue. Great deal of flexibility and potential. 50 Camera/ dvr system. Recently updated POS (leased) indoors and out. Total rentable area equals 11,700 sq ft. Majority has 18ft.ceilings. Rent is Negotiable. 10,000 sq Ft Liq. Lic. approved Patio (in addition to the Bldg) is included. Patio is an incredible value-addition. Total Usable Area = 21,700 sq ft. Indoor Occupancy 490 ppl plus approx. 500 ppl safely accommodated outdoors. Plenty of Available parking. Adjacent lot avail. for lease if needed. Business FFE, good will and Liquor License PRICED TO SELL as a package . Site may be approved for an up and coming Cannabis business. Take advantage prior to it becoming a very valuable location within Morris Twsp and secure control of a lease. Current owner retiring/downsizing. Must see this Outstanding Location, Business & Property. Contact for more information. Interested parties to sign NDA for financials. Motivated and Qualified Buyers Only. Email through bizbuysell or phone with interest and contact info.


DETAILED INFORMATION
Location
Morris County, NJ
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
11,700
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business includes but is not limited to: Good Will. Liquor License. Furniture and Fixtures. Bar Stools, Chairs, Tables, Bar Refrigeration Etc. & Kitchen Equipment (Too Voluminous to list-There are 3 Bars within the Bldg. One outside), Kitchen & Barware, POS Equip. Lease, Bulk CO2 and Nitrogen System Lease, 2 ATM Machines, Liquor Storage Cages, Ice Machines, Trussing, Staging, Lighting & Sound, Office Equipment, Desks, Lockers, Couches, Lounge Seating, Booth Seating, Decor, Display Cabinets, Outdoor tables, chairs and lighting. Etc. Rent/Lease Terms- TBD
Financing
Negotiable
Support & Training
TBD
Reason for Selling
Retiring/Downsizing
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Anthony
Anthony