Amazing Restaurant & Bar with liquor license for sale!

Hunterdon County, NJ

Seller Financing Available

listing image
Asking Price:$799,999
Gross Revenue:$1,200,000
Rent:$6,750/Month
Cash Flow:$240,000
Inventory:$15,000
FF&E:$75,000
BUSINESS DESCRIPTION

Seller Financing Available with 50% down for qualified buyers

Seller financing available with 50% down for qualified buyers (subject to background check, credit check & business experience). Term and rates to be determined.

Currently sales are around ~$1,200,000/annually [Q1 (Jan/Feb/Mar) sales are shown in pictures] and rent is $6750/month (NN; landlord covers property tax)

Sale includes a new 10-year or 15-year lease. Landlord will allow for a build-out allowance as well if needed by new operators. Landlord may be willing to cover up to 50% of build-out cost based on what is being done.

Sale includes (33) Retail Consumption Liquor License [appraised at $265,000] which allows for beer & wine to go sales as well as on premise consumption. Sale includes all cooking equipment & refrigeration equipment.

Great opportunity for someone to jump into an operating, well established successful restaurant business and start making money from day 1.

Seller is mostly hands off, very little marketing/advertising.
Lots of untapped potential by expanding menu offerings, expanding bar menu, expanding hours, and utilizing large unused outdoor area.


DETAILED INFORMATION
Location
Hunterdon County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Included in the sale is a retail consumption liquor license, all cooking equipment, all refrigeration equipment, televisions, point-of-sale equipment, all other items required for day-to-day operations.
Growth & Expansion
Lots of untapped potential by expanding menu offerings, expanding bar menu, expanding hours, and utilizing large unused outdoor area.
Financing
Seller financing available with 50% down for qualified buyers (subject to backgr
Support & Training
Seller willing to stay on for a negotiated term (30-60 days) for a smooth transition.
Reason for Selling
Seller is expanding their other businesses and does not have time to dedicate to
Report an Issue with this listing
Business Seller
Business Seller