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Restaurant & Bar Overlooking Delaware River

New Jersey (Mercer County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $1,700,000 Inventory $10,000** 
Gross Income $1,200,000 Real Estate $1,100,000* 
Cash Flow Not Disclosed Year Established 1975
FF&E $400,000* Employees 10

* included in the asking price

** not included in the asking price

This restaurant and bar also has a deli/liquor store. It is located in a very nice area on NJ around Yardley, New Hope and Washington Crossing. It sits directly on the Delaware River and Canal. It has been owed by the same family for over 30 years. It is in an area of heavy tourism, right across from the main entry to a state park. The restaurant serves lunch and dinner and has a full broad liquor lisc. There is seating in two areas for 80 people plus seating at the bar for over 10 people. There is also a deck on the canal with seating for 20. The kitchen has been updated recently. During the summer there are long lines to get in. The business is only open 8 months per year but coule be open all year. There is also a 2 Bedroom apartment that is part of the building and is rented. There are two small parking lots that hold a total of 20 cars with other parking available. The building has great site lines and good signage. You would never be able to replicate this again as it sits right between the main road and the canal. There is an opportunity to expand the restaurant where the retail space is. Price includes the building, business and liq. lisc(value of $400k)

Facilities: Free standing building on busy road that backs up to Delaware canal. . The building is over 4100 sq. ft with a restaurant and a deli/liq store on the first floor as well as a deck out side and a 2 bedroom apt on the second floor. There are two small parking lots that hold 20 cars. Nice kitchen and bar.

Competition: This is a great location in a great area. It is located at the main entry of a state park and sits right on the delaware canal. Sales are doing well but a new owner could increase advertising and marketing. The current owners do very limited advertising. Incomes in the area are great. About the Sale

Support/Training: Seller will provide training to a new buyer

Reason Selling: retirement

Business For Sale By

Jack Benoff

2153216855

Solara Restaurant Ventures

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