Hotel Restaurant Tavern REST765

Price: $595,000

Location: Bergen County, New Jersey

Industry: Restaurant

Listing ID: REST765

Beautiful Pub Restaurant Lounge with live entertainment approval in a National franchise Hotel located in Northern New Jersey, Bergen County on a state highway. The business facility is 4,600 square feet with a full food menu and offers room service to the hotel customers. The menu features “a wide variety of food”, most of which is made in-house from scratch. The bar offers 22 rotating beers on tap, an “ever changing” cocktail list, and “eclectic” mix of wine. The facility has been recently fully upgraded during the past year, with an attractive Hugh bar, separate breakfast room, a large outdoor patio / bar, and a seating capacity for 185 customers. The business is located on a major highway with thousands of drives by vehicles and the restaurant services a large business clientele. The business also has entertainment approval for live music. This is the wonderful restaurant location in Northern NJ and can be considered a premiere NYC style lounge. The business offers quality dining, drinks & entertainment, and excellent service. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Listing Details

Revenue: $1,969,000

Cash Flow: $225,000

FFE: $360,000 (Included in Price)

Ron Cervelli

contactus@regalconsultants.com

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