Bar, Restaurant, Banquet BAR782

Price: $1,200,000

Location: Warren County, New Jersey

Industry: Bar

Listing ID: BAR782

Successful pub restaurant and banquet business with a gross income of $1,984,605 and a consistent net income of $365,310 to the owner operator. This fifteen thousand square foot facility consist of various venues which includes a 7,000 sq./ft. restaurant with a huge walk up bar area, a private room for banquets and parties, lots of private seating and a huge outdoor patio with live music. The business certificate of occupancy has entertainment approval and often hosts live music and weekly DJ’s. This restaurant income represents 45% liquor and 55% food sales with a highly profit margin. Putting a modern spin on traditional tavern dining, the inviting decor also features an attractive modern setting, quality hospitality and exceptional service. Cozy enough to lounge in, and stylish enough for business, this Restaurant & Tavern is ideal for guests and locals alike looking to unwind over a drink, gather together to watch a game, or grab a bite before heading to their destination. The business is located in North/Western New Jersey in the county of Warren and conveniently near to various state highways. They are known to provide their customers with one of the most unique experiences possible with good food, excellent service and a choice of forty (40) beers. This is a wonderful business opportunity.

Listing Details

Revenue: $1,984,605

Cash Flow: $365,000

FFE: $350,000 (Included in Price)

Ron Cervelli

contactus@regalconsultants.com

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