ID# 1560 - Bar/Restaurant In Phenomenal Location

Essex County, NJ

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Asking Price: $2,950,000

 

Business Description

Phenomenal, prime downtown location with large municipal parking awaits you in Essex County, NJ. Boasting a newer roof and HVAC, this location has it all including solid $40k per week average gross sales. Total square footage is 7,980 on two levels with the upstairs being a party room. Downstairs features a large bar with 21 taps and ample seating for ala carte. There is also a full footprint basement for bathrooms, office, prep, storage and possibly a small speakeasy with its own private entrance. Access to major highways are mere moments from this location. The current owners have other real estate and business interests and are moving out of the area. They are therefore looking to divest in the restaurant so they can focus on their other ventures. Although current sales are solid, the place still has room for growth. It would just take energy and ideas from a new operator to get it there. Are you that operator? If so, schedule a showing today before someone else capitalizes on this amazing location. 


Detailed Information

Real Estate: Owned

Building SF: 7,980

Sale Includes: Business, Property, Liquor License, Furniture, Fixtures & Equipment

 

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