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- RE: Reputable Tap House/Restaurant/Bar For Sale In Wayne, New Jersey
- Contact: Brandon Kirch
Quick Facts
Asking Price: | $1,499,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $400,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | $1,599,000 | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-55335 | |
Broker Reference #: | PASSAIC001-55335 |
Business Overview:
Reputable & Popular Tap House Bar Restaurant for Sale near Wayne, New Jersey***Local Bar/Restaurant with HUGE property (indoor/outdoor seating & entertainment)***Opportunity to own a well-established tap house bar restaurant near Wayne, New Jersey, offered for sale due to the owner's retirement. This 8 year old thriving business includes both the business and real estate, as well as options to lease if needed; providing a turnkey opportunity in a prime location.Key Features:- Location: Highly visible near Wayne, NJ, with a strong local and regional customer base.- Established Brand: Known for its inviting atmosphere and wide selection of craft beers and gourmet pub food.- Facilities: Includes spacious dining areas, a fully equipped kitchen, and a well-stocked bar.- Outdoor Seating: Ample outdoor seating area for patrons to enjoy and entertainment to perform.- Parking: Main road streetside parking available for customers.- Financials: Strong financial performance with consistent revenue and profit.Sale Options:- Business and Real Estate: $3,099,000- Business Only: $1,499,000- Real Estate Only: $1,599,000Liquor License price: $385,000Financial Snapshot: - Gross Sales: $2,000,000- EBITA: $620,000- Seller's Discretionary Earnings: $400,000- Assets Valuation: $520,000This is an ideal opportunity for an entrepreneur or investor looking to enter the lucrative restaurant and bar industry or expand their portfolio with a well-established business. Don't miss out on this chance to own a premier taphouse near Wayne, New Jersey.Confidentiality agreements/contracts are necessary to move forward with inquiries.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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