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Large Downtown Tavern Quick Access to NJ Transit

Middlesex County, NJ

Seller Financing Available
Large Downtown Tavern Quick Access to NJ Transit
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Asking Price: $2,395,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,500,000

Established: 1997

Large Downtown Tavern Quick Access to NJ Transit

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Business Description

Well established and very unique concept for 20+ years. Several dining areas on several levels including the opportunity to expand with a lower level speakeasy. Casual American menu is easy to manage or change the space to your concept. Part time owner let's operation run itself. Location has it all....foot traffic, vehicle traffic, train traffic, unlimited municipal free parking

Detailed Information

Location:
Middlesex County, NJ
Real Estate:
Owned
Included in asking price
Building SF:
5,800
Employees:
22
Facilities:
With a legal occupancy of 250 this site as everything needed for revenues of $50k a week plus. Great storage, large kitchen, 2 great dining rooms and a roof top deck. Property is adjacent to NJ Transit and massive parking.
Competition:
Area has alot of chains but nothing with this unique and popular speciality
Growth & Expansion:
Present ownership/management is on autopilot after 20 years. New energy, ideas and improvement of food will create large increases in revenues. Addition of Lower Level "Speakeasy" and expansion of outdoor dining is a no brainer.
Financing:
To be negotiated with 50%
Support & Training:
What ever is needed
Reason for Selling:
Retirement to Florida
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Tim Delaney

Business Listed By:
Tim Delaney

Delaney Restaurant Realty

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