Recognized Restaurant And Pub With Lotto
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $550000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1971
Number of Employees 10 - 19
Inventory $275,000 equipment & $7,500 inventory.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide a full due diligence and transitional period. Subject to transfer and approval of liquor license.
Reason for Sale Retirement after 30 years.
Description A long established and highly recognized Restaurant Pub located in a prime area of Middlesex County, New Jersey. This is a very successful Restaurant Lounge with private rooms for Banquet services. The business is on a two acre site with ample indoor and outdoor seating available. This family style restaurant has a spacious bar area and full entertainment approval. The business has a history of generating a substantial income which can be improved with new onsite management. A must see location! Spacious facility consists of 7,000 square feet on the main floor with an indoor seating capacity for 240 customers. The seller will either sell the business alone or supply an option to purchase the real estate property, which is available through our real estate division. A valuable liquor license is included in the sale. Private parking for 100 vehicles is available. Contact for more information on this Restaurant And Pub for sale.
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