superb Business with valuable Liquor license

Toms River, NJ (Ocean County)

Seller Financing Available
superb Business with valuable Liquor license

Asking Price:$1,295,000

Cash Flow:$1,100,000

Gross Revenue:$1,800,000

EBITDA:$340,000

FF&E:$850,000

Inventory:$35,000*

Lease Rate/Sq. Ft.:N/A

Established:2006

*not included in asking price.

superb Business with valuable Liquor license

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Business Description

superb Business with valuable Liquor license

Very successful bar/ restaurant central Jersey with very profitable 55% food - 45 % liquor mix
Large floor plan accommodating 225 patrons plus standing room.
Very well designed kitchen , complete with Pizza section of it's own.
Basement is extremely well situated, high ceiling , preparation station, plenty of storage, ideal for internet shipping of goods , wine baskets, fruit baskets , prepared foods .
Exceptional opportunity to purchase newer steel and concrete building with large format, resembles a large chain concept with elevation and designs .
possible rent with option or purchase outright .

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
8/6/2026
Employees:
18 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Exceptional Location with direct access to Garden State Parkway 300,000 population 7 mile radius. The area has limited liquor licenses, most recent sales $750,000.
Competition:
Competition from chains delivering poor quality food at high prices, this location offer great food at reasonable pricing
Growth & Expansion:
Great opportunity to continue growing the business, as well as option to purchase this outstanding building , quality built out with ample parking located in the center of shopping centers .
Financing:
possible to qualified
Support & Training:
Seller will train as needed , owner operator with family presently spending less than 30 hours a week each member .
Reason for Selling:
getting close to retirement age

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Thierry Smith

Business Listed By:
Thierry Smith

1st Jersey Commercial

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