LAKE FRONT BAR & RESTARUANT. REST798

Price: $675,000

Location: Sussex County, New Jersey

Industry: Bar

Listing ID: REST790

Highly popular lakeside Bar Grill on a beautiful North Jersey lake which includes outdoor seating for two hundred customers. The sale includes a valuable consumption liquor license, live entertainment approval and breathtaking lakeside views. The restaurant also has a attached boat basin which includes private boat docs for restaurant customer use. The restaurant has a wonderful reputation for quality food and drink, representing 60% liquor sales. This is a most unusually opportunity, which offers a full-service bar restaurant which is the only restaurant with two heated and covered lakeside patios. Whether you choose to sit outside on patios or indoors, the view of the lake is spectacular.  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.

Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumvential Agreement.

 

 

Listing Details

Revenue: $1

Cash Flow: $195,000

FFE: $374,999 (Included in Price)

Inventory: $5,000 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years of success in this particular industry.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.

Ron Cervelli

contactus@regalconsultants.com

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