Active
Only $125K Down-Restaurant & Bar Includes NJ Plenary 33 License
Business Description:
Turn Key 24-Year Established Restaurant & Bar
Asking Price:$500,000
Serious operators — this is the opportunity you’ve been waiting for.
Fully built 3,500 SF restaurant and bar in Burlington County NJ including a transferable NJ Plenary Retail Consumption (Plenary C) liquor license.
Quota-controlled. Limited supply. High standalone value.
Facility features:
• 60-seat main dining room
• 60-seat private event space
• Full bar with draft system
• Outdoor seasonal bar & patio
• 24-ft hood system
• Walk-in refrigeration & outdoor freezer
• Complete commercial kitchen
• Entertainment system with multiple TVs
• Turnkey infrastructure
24 years established.
Annual gross revenue approximately $600K. This is structured as an asset-driven acquisition with strong upside potential for an experienced operator.
At conservative midpoint license valuation, buyer is effectively acquiring the entire restaurant infrastructure at or below replacement cost.
Purchase Price: $500,000
25% Down – Seller Financing Available
Liquor license opportunities in NJ are finite and do not stay on market.
Qualified buyers only. NDA required.
Detailed Information
Fully built 3,500 SF restaurant and bar in Burlington County NJ including a transferable NJ Plenary Retail Consumption (Plenary C) liquor license.
Quota-controlled. Limited supply. High standalone value.
Facility features:
• 60-seat main dining room
• 60-seat private event space
• Full bar with draft system
• Outdoor seasonal bar & patio
• 24-ft hood system
• Walk-in refrigeration & outdoor freezer
• Complete commercial kitchen
• Entertainment system with multiple TVs
• Turnkey infrastructure
24 years established.
Annual gross revenue approximately $600K. This is structured as an asset-driven acquisition with strong upside potential for an experienced operator.
At conservative midpoint license valuation, buyer is effectively acquiring the entire restaurant infrastructure at or below replacement cost.
Purchase Price: $500,000
25% Down – Seller Financing Available
Liquor license opportunities in NJ are finite and do not stay on market.
Qualified buyers only. NDA required.
Ad#:2471199
- Inventory:
- $25,000
Not included in asking price - Furniture, Fixtures, & Equipment (FF&E):
- $75,000
Included in asking price - Employees:
- 10 (2 Full-time, 8 Part-time)
- Financing:
-
25% down payment required, 72 month note at 6% interest
- Support & Training:
- Seller will transition a buyer
- Reason for Selling:
- Owner retiring
Business Location
- Location:
- Burlington County, NJ
- Real Estate:
- Owned
- Building SF:
- 3,500
Listed By: Penny Papaioannou
Background information
Reference:
Serra75
Finance
Sales:
$600,000
Profits:
$0
Profit type:
Discretionary Earnings
Price and terms
Price:
$500,000
Down payment:
$125,000