Very Profitable Turn Key - Upscale Casual with Liquor & Property

Sussex County, NJ

Very Profitable Turn Key - Upscale Casual with Liquor & Property

Asking Price:$2,200,000

Cash Flow:N/A

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:$700,000

Inventory:$25,000*

Real Estate:$1,500,000

Established:2002

*not included in asking price.

Very Profitable Turn Key - Upscale Casual with Liquor & Property

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Business Description

Continue taking profits at this beautiful tablecloth restaurant. Ideal for chef-spouse team or foh/boh partners. Updated menu items and new marketing can take this consistent performer to higher revenues & profits. Owner has had a great run and wants to get out on top.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautifully appointed 4,000+/- sq. ft. on 1 level. 3 dining/drinking areas plus the approvals to add a large outdoor patio. 70+ parking spaces on 1.5 acres. A very busy county road.
Competition:
Some other successful independent operators but few with liquor license.
Growth & Expansion:
Off premise catering and marketing are non existent . Addition of patio would be instant success.
Support & Training:
What ever is needed for a smooth transition
Reason for Selling:
Retiring

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Robert jr

Business Listed By:
Robert jr

Delaney Restaurant Realty

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Sponsoring Broker:
Tim Delaney

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