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  • RE:  Reputable Tap House/Restaurant/Bar For Sale In Wayne, New Jersey
  • Contact:  Brandon Kirch
Owner Financing is Available!

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

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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.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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