Top 100 destination NJ - 2014 thru 2015

Burlington, NJ (Burlington County)

Seller Financing Available
Top 100 destination NJ - 2014 thru 2015

Asking Price:$2,695,000

Cash Flow:N/A

Gross Revenue:$1,822,000

EBITDA:$290,000

FF&E:$900,000

Inventory:$55,000*

Real Estate:$1,765,000

Established:N/A

*not included in asking price.

Top 100 destination NJ - 2014 thru 2015

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Business Description

Truly one of a kind, highly rated Fine dining restaurant/ Banquet
facilities 13,500 sq ft with banquet Room and several dining
rooms . Also an original Colonial Pub from yesteryear.
Complete package for the accomplished Chef, Lace and charm
abounds. Parking and on premise parking can
accomodate multiple parties with over 200 guests.
One of a kind gem, Skilled Chef or very experienced team only
apply.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Magnificent destination Restaurant - Pub, Weddings, special events. Grand style of 18th century. Highly Acclaimed by Regional Food Critics.Very valuable liquor license in Burlington's county most sought after location !
Competition:
None at this level, very few banquet facilities in this area - Banquets are 40% of sales a la carte dining / bar 60% sales trending up 10% 2015
Growth & Expansion:
Exceptional experience with building dating back 1850's, Charming ding experience, lot of original fistures /floors . Lace and history abounds in this Inn from the Colonial times, established by the William Penn family from Philadelphia .
Financing:
will assist qualified possible to qualified
Support & Training:
Total absentee ownership , management team in place . closed Mondays
Reason for Selling:
Owners aging and wish to divest prior to retirement

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Thierry Smith

Business Listed By:
Thierry Smith

1st Jersey Commercial

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