Description

Wonderful business opportunity to own this highly successful restaurant lounge fully equipped in turnkey condition in an affluent area of Essex County, New Jersey with a valuable liquor license & substantial private parking. The business is presently closed and in excellent turnkey condition. The business has been priced based on the value of the property and liquor license. The restaurant lounge had a six day opening schedule with hours from 4:30 pm to 2:00 am and a substantial gross income prior to closing. The restaurant business is located in Northern New Jersey on a highly active county road with substantial available parking to its customer base. The sale includes a very valuable liquor license, refrigeration & freezer units, POS system, commercial kitchen, modern bathrooms, full bar including various equipment required for this particular industry. The building has a legal capacity for 162 customers, 5,000 square feet on two floor with a full basement used for storage. This particular restaurant is closed with no employees. This business location has substantial private parking on the site and part of the sale. The business was operational six days weekly with hours from 4:00 pm to 2:00 am. This particular industry require a municipal health food license, transfer of the liquor license, and the transfer of the certificate of occupancy to conduct its operation. The seller has priced the sale aggressively and will offer owner financing to a qualified buyer. This is an excellent safe business opportunity. Although the business is presently closed, the previous tenant had an average yearly gross income of $1,000,000. Price has been set as $1,750,00 based on the value of the liquor license and real estate or best offer.

Posted Oct 27, 2015

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