Bar, Catering Hall, Restaurant & Building
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $307000
Net Profit / Cash Flow $151000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1900
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Retirement
Description Only $849,000! Once in a lifetime opportunity! Operated for over 130 years w/only 3 owners! Commercial property includes profitable 50+ capacity owner operated bar w/liquor lic. & oversized basement refrig/storage area. Full restaurant with 60+ capacity, professional stainless steel kitchen, full banquet catering hall w/sep. entr, bar & 125 + seating capacity - perfect for weddings, birthdays, showers, etc..
Two rental apartments w/sep ent - one totally remodeled w/3brs, jacuzzi tub and new kitchen - other is a 2bdr! Huge basement area (former bowling alley) is town grandfathered for expansion potential. (block 00156/lot 00019) lot, all brick building is in exc. cond. & offers zoned heat/central air . Package deal includes entire business, building, bar, catering hall, restaurant, 2 apts, liquor license
Call Curtis 'Curt' Benedetto - Coldwell Banker
201-887-6618 cell
201-825-5115 office
Click Here To Contact Seller
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