Prime location Profitable Bar & Italian Restaurant is located in prominent town within Middlesex County, NJ. This is a dine-in restaurant with great outdoor spot with loyale customers, they offer soups, salads, pizzas, pastas, burgers, chicken parmigianas, specialty sandwiches, fish & chips. Well, the drinks menu includes choices of craft beer, domestic on tap, hard seltzer, vodka and a variety of wine selections. The full service bar with outdoor patio seatings is choice of guests.This business generates more than $1.25 million annually, averaging $24k to $25k in weekly revenue with a net cash flow of $170k. The current owners, now planning to retire, offering the entire real estate—comprising a 6000 sq.ft building and two apartments—at the appraised value. The total estimated value of the business, including liquor license and real estate, stands at $3.0 million.The business itself is valued at $599,000, with a long-term lease available at $5,000.00 (NNN) for a qualified buyer. The trained staff is committed to staying on, ensuring a smooth transition for the new owners.PLEASE NOTE: In order to show the location, potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering, please .
Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.