Restaurant & Property
Hunterdon County, NJ
Beautiful restaurant lounge located in North Western New Jersey, Hunterdon County and minutes from various highways. This ultra-modern business opportunity consists of a two-acre site and a 3,500 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 and 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. 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. Due to the liquor license this industry requires government agency approval to purchase.
This retail facility consists of 3,500 square feet with a beautiful attractive physical appearance. The modern facility consists of a free standing building on two acres and located on a convenient county road close to the interstate highway. This business opportunity is located in central western New Jersey, Hunterdon County, which consists of various affluent communities with continued demand for this food service. This particular business has nine employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $13,000. The business is located in a free stranding facility which consists of 3,500 square feet and has a capacity for approximately one hundred and fifty customers. The business assets are valued at $385,000 based on replacement costs and the transaction includes a valuable consumption liquor license, property, 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. The facility has appropriate private parking on site as part of the real estate. The business is active six days per week, with hours from 5:00 pm to 10:30 pm. The sale includes a NJ state issued 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.The seller owner will remain post-closing for 30 days and supply a transitional period. The owner is retiring after many successful years in this food service industry. The business presently has a limited marketing plan, and if improved can further develop the business income. To the best of our knowledge and due to limited liquor licenses, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2015 yearly income is $866,500 and yearly net income of $110,000 prior to debt service. The price offering is $1,250,000 and the sale is based on the value of the real estate, 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.
Sports Bar w/ Live Entertainment
Hunterdon County, NJ
Saloon Restaurant 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 estimated at approximately $250,000 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 four acres, three building and a total of four rentals and a gross yearly rental income of approximately $92,760. This business transaction includes various equipment including a valuable consumption liquor license, live adult entertainment approval which represents a substantial value and is also not replaceable. The sale includes a full commercial kitchen, valuable liquor license, refrigeration and freezer units, sound system and various equipment required to maintain the business. 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 business opportunity which can be further developed representing an excellent return on the investment. The business has gross yearly sales of approximately $300,000. The price of this business opportunity is $1,100,000 which is based on the values of the various licenses, real estate and existing assets. The sale is Not based on the present gross sales which is approximately $350,000 yearly. The real estate has been valued at $775,000, liquor license value conservatively at $200,000 and 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.
Bagel Deli in Mall Setting
Hunterdon County, NJ
Dependable business opportunity to own this modern high capacity Bagel & Deli business in an active mall with high volume traffic and lots of private parking. The sale is due to partner separation and relocation and the price has been set most aggressively with owner financing available. This 1,750 square foot Bagel & Deli business is located in an active area of Hunterdon County, NJ. This profitable seven-day business operation produces a consistent gross weekly income of $8,000 and a dependable net income to the owner operator. This Bagel shop bakes its own products with a fully equipped commercial high production kitchen. The sale includes an asset value of approximately $125,000 which includes a full commercial kitchen, new mixer and ovens, walk in refrigeration, freezers, hand tools, tables, chairs, displays, etc., including various equipment required for this particular industry. The building facility has a legal capacity for sixty-two (68) customers, 1,750 square feet, on one main floor with no basement. This retail business requires three employees in order to maintain the day to day operation with a monthly payroll of approximately $5,400. This Bagel Deli business has substantial private parking on the site and part of the lease. The business is operational seven days weekly with hours from 6:00 am to 4:00 pm. This particular industry does not require any particular license other than a certificate of occupancy and health certificate to conduct its day to day operation. The business has an assignable commercial lease which expires 2028/01/01 with a monthly rent of $4,350 and security $8,000. Based on the asking price, required down payment and net income this business should supply a 28% return to the owner operator prior to debt service. This is an excellent safe business opportunity. The business gross yearly income is $400,000 and a yearly net income of $68,000.00 based with onsite ownership and prior to any debt service. The sale has been valued at $175,000, inventory included and bank financing has been preliminarily approved to qualified buyer with an appropriate down payment. Because the sale of this business is confidential all viewings are by appointment only and photo may not represent this particular business.