Kean University - Premier Restaurant Business with Liquor License

Asking Price$1,200,000

Cash Flow
$340,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,700,000

Inventory$300,000
Not included in asking price
FF&ENot Disclosed

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Kean University - Premier Restaurant Business with Liquor License


Asking Price$1,200,000

Cash Flow
$340,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,700,000

Inventory$300,000
Not included in asking price
FF&ENot Disclosed

Business Description
Weichert Commercial presents a turnkey, high-performing restaurant at the heart of Kean University’s 18,000+ student and staff community, including the full business, equipment, and a valuable Type 33 liquor license.
Located across from campus and within walking distance to the 1,254-luxury unit Vermella Sol complex. The property offers excellent visibility, strong foot traffic, and access to a dense, captive audience—further amplified by over 1,000 nearby residences within a 6-minute walk.
About the Business
Years in Operation
4
Facilities & Assets
A turnkey, high-performing restaurant at the heart of Kean University’s 18,000+ student and staff community, including the full business, equipment, and a valuable Type 33 liquor license.
Full service bar hook-up. Full service commercial kitchen. Outdoor seating area
Market Outlook / Competition
This opportunity distinguishes itself through a combination of irreplaceable location, regulatory advantage, and untapped revenue potential. The absence of direct full-service bar or restaurant competition within the immediate 4-mile perimeter positions this establishment as the sole provider of its kind in a high-demand environment.
Opportunities for Growth
The Type 33 liquor license enables immediate expansion of beverage offerings beyond beer-and-wine. The existing infrastructure is fully equipped for a bar, with plumbing and electrical systems already in place, allowing for seamless installation and the swift launch of a premium cocktail and spirits program. $200-450k growth liquor sales potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,900
Rent
$10,000.00 per month
About the Sale
Seller Motivation
Owner is exploring an international opportunity.
Transition Support
Owner will support training.
Listing Info
ID
2406195
Listing Views
186

Contact Seller

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Business Listed by: Clayton Brown

Listing ID: 2406195 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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