Popular Latin Restaurant Lounge
Hunterdon County, NJ
Popular Latin restaurant lounge located in Hunterdon County, New Jersey which consists of a two-acre site and a stunning 5,000 square foot facility. This highly popular restaurant which specializes in foods from Spain and Portugal has a wonderful reputation for its superior service and high quality cuisine. The owner is retiring and elected to sell the business, liquor license and real estate. This beautifully designed restaurant consists of multiple sections with different atmospheres for customer enjoyment. One dining area is highlighted by a beautiful stone fireplace with beautiful lighting and the other dining room has a more intimate arrangement and both dining areas provide a showcase for the best cuisine and superb service. The restaurant has available quality wines to compliment the large menu choices. This wonderful restaurant is located within the rolling hills of North Central New Jersey – merges the modern, informal dining experience with a classical ambiance and old world charm. The flavors of Spain and Portugal come alive in their cuisine, featuring the very best seafood and beef dishes in the area. Their bar, well stocked with a wide selection of premium liquors, boasts a select and well-balanced wine cellar of international and domestic wines to compliment your meal. They also share in the passion to bring you the very best dining experience from the heart of New Jersey, and invite you to spend an evening with them. Their dining areas comprise two contrasting, yet unique styles, the eastern dining room – highlighted by a commanding stone fireplace – is bathed in bright hues for an open and expansive surrounding. Their western dining room in a textured rose, emphasizes a Romanesque flavor with more intimate arrangements around the focal point of the room – a large white gazebo. Both dining areas provide a fitting showcase for the very best in Spanish and Portuguese cuisine along with superb service. The Restaurant Lounge transaction includes a valuable consumption liquor license, including a full commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, ancillary system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has nine employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll of approximately $14,000. The business is located in a free stranding facility which consists of 5,000 square feet and has a capacity for approximately one hundred and seventy-five customers. The facility has substantial private parking on site as part of the sale. The business is active seven days per week, with hours from 4:00 pm to 10:30 pm. The sale includes a consumption liquor license, a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business operation. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a profitable investment return to the owner operator prior to debt service. The 2015 gross yearly income is $1,140,000 and has a yearly net income of $150,000 prior to debt service and based with an onsite owner. This business opportunity has been set at $1,150,000 based on a multiple of the net yearly income along with the specific value of the assets and seller financing has been approved to a qualified buyer. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.
Hunterdon County, NJ
Well-known saloon and sport bar with live entertainment located on a state highway in Hunterdon County, New Jersey. This Pub restaurant offers food, drink and entertainment and is well known in the general area. This long standing business is well known for its cold Beer, good service with a traditional American food menu. The owner will finance a portion of the sale with an appropriate down payment. The 2,800 square foot facility consists of a full rectangular bar, a commercial kitchen and large basement. The facility has a seating capacity for 110 customers with separate area for private service. The liquor license has a substantial value and estimated at approximately $225,000 and not replaceable. The owner is retiring after many successful years in the industry and desires to market the business and the property which consists of three acres, three building and a total of four rentals and a gross yearly rental income of $75,000. This business transaction includes various equipment including a valuable consumption liquor license, live adult entertainment approval which represents a substantial value and is not replaceable. The sale includes a full commercial kitchen, valuable liquor license, refrigeration and freezer units, sound system and numerous displays, etc. The building has a legal capacity for 110 customers consisting of 2,800 square feet. The location has substantial private parking for approximately 60 vehicles. The business is presently active seven days per week, hours 4:00 pm to 2:00 am. The sale includes a New Jersey State issued consumption liquor license and a municipal certificate of occupancy for live entertainment. The employees consist of bar servers and kitchen staff who are unaware of the pending sale and fully expected to remain post closing, monthly payroll approximately $5,500. This is a solid opportunity which can be further developed representing an excellent return on the investment. The business has gross yearly sales of $325,000, net income of $75,000. The price of this business opportunity is $995,000 and is based on the various licenses, real estate and projected income. The real estate has been assets at $740,000, liquor license value $225,000. Also owner financing is available to qualified buyers with $350,000 down payment and based on a ten-year term at 5% interest. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.
Independent Day Care Center
Hunterdon County, NJ
Unusual opportunity to own this successful ultra-modern Children’s Day Care / Pre School center conveniently located on a state highway in Hunterdon County New Jersey. This ten-year-old center is approved for 100 children with a 2015 gross income of $760,513 and a net yearly income of $122,412 + $87,949. This learning center offers a variety of learning environments from infants through full day Kindergarten and after school wraparound programs. Parents who choose this center for their child's first school experience do so with the knowledge that they are placing their children in an atmosphere with certified, experienced teachers who provide emotional, social, cognitive and physical developmentally appropriate activities in a caring and safe environment. Seeking to fill the void for early childhood education in Hunterdon County this centers core belief is that each child’s individual learning style should be met. The center has moderate class sizes and a hands-on approach to learning using concrete educational systems. This learning Center encourages their children to discover and explore through play. This approach to education, helps to ensure a lifelong love of learning that supports each child as they grow into adulthood. This day care center offers a warm, attentive, individualized and exciting learning experience for each child during some of the most important developmental years of their life. Their infant program is dedicated to nurturing the development of babies 6 weeks to 18 months and is divided into Newborns, Crawlers and Walkers. As each child progresses at his or her own pace, they happily ‘graduate’ them to the next classroom where their ever-expanding needs are met with warmth and excitement. Their nurseries have been specifically designed to ensure the safety and comfort of all their infants. With comfortable, cushy cribs for sleeping, big rocking chairs where babies are held and fed their bottles, and lots of room to move and grow; they provide babies with both soothing and stimulating environments. Each family develops their child’s daily schedule, they set naptimes, playtimes and bottle times to ensure consistency between home and day care. As children develop a greater sense of self, bright classrooms and large playgrounds create the backdrop for discovery. The center encourages learning through teacher-guided solitary play as well as parallel play. Classrooms in their Two’s and Three’s rooms incorporate age appropriate learning stations, games, books and rhymes introduce concepts in math and science while imaginary play, music, and creative art expand upon the child’s existing knowledge and experience of the world. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent and dependable investment return to the owner operator prior to debt service. This purchase opportunity requires New Jersey State government licensing to operate. The day care center employees thirteen full & part time staff members who are unaware of the pending sale and fully expected to remain post-closing and the monthly payroll is approximately $33,000. The sale includes a commercial business leases which is assignable, expires 2025-01-01, plus additional options, with a monthly rent of approximately $10,000 and rent security $20,000. The day care center has a licensed capacity for 100 children ages from infants to age eight including after school service, present capacity is approximately 69 children. The assets of this business transaction consists of a fully equipped children’s day care center with an estimated value of approximately $331,000 which includes, a 2,000 square foot outdoor play area, displays, educational curriculum, accounting system, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The day care center has appropriate private parking at the facilities which is part of the commercial lease agreement. The day care center consists of a twelve-month operation and is active based on a five-day work schedule with hours from 7:00 am to 6:00 pm. This business transaction does not require a license to purchase, however it does require a New Jersey State license from the Department of Community Affairs to maintain the business and a licensed individual as director of operations. The business also has an existing certificate of occupancy from the particular municipality and any other required city licenses to conduct its day today business. The company’s marketing system is quite limited with a minimal advertising budget, a basic web site with a 2015 advertising cost of under $1,000. The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator. The present owners have elected to retire after many years in the day care service industry. The customer base represents the general public and none of the base customers represents more than 1% of the business income. The business presently has a rather poor marketing system, which can be further expanded with an Improved web site, private home mailers and a more aggressive marketing system which would further develop the business income performance. There continues to be competitors in the general county area, however, due to the cost of a new operation which will require substantial capital investment, to the best of our knowledge, no other new competitors are expected near to this business and the owner has agreed to supply an appropriate non-compete agreement to the purchaser. Gross Income:A snapshot of the firm’s recent revenue history is as follows: 2014 $684562, 2015 $760,513. The company’s 2015 net yearly income was $122,412 + $87,949 based with an onsite / owner operator and prior to any debt service. The business has been valued at $475,000 based on a multiple of the net yearly income along with the value of the specific business assets and bank financing can be considered to a qualified buyer with the appropriate down payment, collateral and credit rating. Inventory dollar for dollar. Please do not disturb business, this sale is absolutely confidential, the employees are unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.