Investment Property+BBQ Restaurant & Bar

Essex County, NJ

Best BBQ Restaurant and Bar!
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Asking Price: $1,450,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,000,000

Established: 2009

Investment Property+BBQ Restaurant & Bar

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Business Description

Are you looking for an investment property combined with an income producing successful business to build your portfolio for the future? This is it!!
Great Location. Easy to get to and it is on a busy main street. It has been a popular hot spot location for over 10 years.
This is the best BBQ restaurant/bar, to hit New Jersey!
It is one of the most popular eating,drinking and entertainment venues in Northern New Jersey.
The unique menu offer the best barbecue dishes with authentic Texas,
Memphis,St Louis and Southern recipes that can't be beat. The owner brings all the best flavors together in a casual atmosphere!
They are committed to excellence and focus on a friendly, casual and fun restaurant!
A unique mix of delicious BBQ flavors and specialty recipes that are mouth watering and keeps everyone coming back for more. The bar combines the best imported and domestic beers,wine and cocktails to compliment the fabulous food and fun times.
This is golden opportunity for the the new owner, to buy a great investment property and successful restaurant and bar!

Detailed Information

Location:
Essex County, NJ
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
22
Facilities:
Ultimate package deal! Owning real estate is a smart investment! This includes the property,building,restaurant/bar business, liquor license plus unlimited potential for additional opportunities to be developed. Property valued over 1 million dollars + and the business is estimated to be valued at $500-$600,000. The Restaurant seats over 185. Restaurant and bar is 5,000 square feet. The second floor has 5 rooms plus an office and plenty of opportunity to renovate and use this space for additional income purposes. The Basement has an abundance of storage space. The bar seats 28 and there are 14 bar stools. The outside Patio seats 50. The large parking lot has 44 spaces and unlimited parking also in the next door parking lots. There is plenty of street parking, as well. The weekly sales brings in over $20,000 Unlimited business potential and growth. The expenses are low. Zoned commercial/residential. The best investment opportunity is real estate,combined with a successful income producing business! This is a winner!
Competition:
Opportunity to own real estate and a successful business! This is a turn-key operation that is ready for the next owner, to come in and start operating. The owners have built this successful restaurant and bar business for the past 10 years. The new owner can bring it to the next level. Real estate is the best commodity! Hurry this opportunity won't last long!
Growth & Expansion:
Owning real estate is the best investment! There is plenty of options here, for success! The income producing restaurant/bar and owning the building and large property, is a winning combination for a great investment opportunity! This successful business has established a great reputation for providing fine barbecue style foods, fun atmosphere, sports bar and topped off with daily entertainment! Weekly sales of over $20,000! Great food with delicious barbecue food, bar, liquor license,great location, established business and a fun place. Altogether this makes it a win-win property to own! Be your own landlord!
Support & Training:
Two weeks
Reason for Selling:
Death in the family
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(from currently available funds)
 
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Bart D. Natoli

Business Listed By:
Bart Natoli

ReMax Properties Plus

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