Motivated Seller-Consistent Performer-Casual Pub-Real Estate Too

Somerset County, NJ

Motivated Seller-Consistent Performer-Casual Pub-Real Estate Too

Asking Price:$895,000

Cash Flow:N/A

Gross Revenue:$750,000

EBITDA:N/A

FF&E:$200,000

Inventory:$15,000*

Real Estate:$400,000

Established:1973

*not included in asking price.

Motivated Seller-Consistent Performer-Casual Pub-Real Estate Too

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Business Description

A well known money maker with incredible track record of consistent revenues and profits. An operation that runs itself, great staff to stay on with new owner, very loyal customers.

This is the type of place you can't duplicate or replicate....Just keep the machine running!!!

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing restaurant with liquor license and casual Italian menu. 2,000+/- sq. ft. 12 stool bar, 50 seat dining. All street parking plus 5 spaces on site. A residential setting with quick access to many major highways.
Competition:
This is a very well know establishment with a loyal customer base. Delivery and off premise catering presently do not exist and would be an instant success if added. Present owner has run the operation exactly the same for ever. Doesn't feel the need to add ways to increase revenues. Some other local pubs in the area but none with this reputation
Growth & Expansion:
see above
Support & Training:
Whatever makes an successful transition
Reason for Selling:
Retiring after 40+ years at this location....motivated

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Tim Delaney

Business Listed By:
Tim Delaney

Delaney Restaurant Realty

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