Drastically Reduced! Waterfront Dining-Catering-with Real Estate

Middlesex County, NJ

Drastically Reduced!  Waterfront Dining-Catering-with Real Estate

Asking Price:$3,200,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$1,000,000

Inventory:N/A

Real Estate:$2,200,000

Established:2012

Drastically Reduced! Waterfront Dining-Catering-with Real Estate

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Business Description

This is a great opportunity to own a business established over 40 years ago and modernized during the past 3 years. The business functions in an 8,500+ sq. ft. facility with banquet rooms, restaurant and a full bar all overlooking a beautiful lake. The lake view makes this venue very popular and like no other in the area. A beautiful extensively equipped kitchen. Business also includes a full service liquor license.

This newly renovated facility is perfect for every type of banquet and party.....weddings, bridal & baby showers, business events, fundraisers, family celebrations, graduations and repasts. Indoor and Outdoor eating is available.

The location is in an extremely desirable area of New Jersey. This unique settings is surrounded by very densely populated residential in addition to corporations of all types.

Ideal for the multi unit restaurateurs looking to add another location or the buyer searching for an opportunity with little risk.

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
8,500
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A recently renovated single level catering and Ala Carte operation on 2+ acres. Beautiful outdoor spaces overlooking an active lake and park. Plenty of parking. Occupancy of 300 plus 100 outdoor. Fantastic kitchen & storage too!!
Competition:
Very little competition for this one of kind property. The 2 operations in 1 provide constant cash flow throughout the year. The uniqueness of the building's location, views, multi rooms and venues separate this operation from everyone.
Growth & Expansion:
A 100% on site owner/operator can grow this multi faceted location by simply being there. The catering potential has the biggest upside and present owners have increased sales by 100% in past 12 months, with much more room to grow.
Support & Training:
Seller will provide any necessary training for a successful transition
Reason for Selling:
Retirement

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Tim Delaney

Business Listed By:
Tim Delaney

Delaney Restaurant Realty

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