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Edward Laub

Legacy Advisors, LLC/ Keller Williams Commercial

License Number: 0792023

Phone: Show Phone Number

legacyadvisors.info


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637 Wyckoff Ave, Suite 376
Wyckoff, New Jersey 7481 (View Map)

About the Company

Legacy Advisors, LLC - Business Brokerage

I am a licensed realtor with Keller Williams Commercial serving New Jersey.

My main focus is in the field of Restaurant Sales however I am well versed in warehousing, industrial and logistics.

Broker Biography

Introduction

I am a commercial real estate professional specializing in Restaurant Realty, Hospitality Business Brokerage, and Liquor License Transactions throughout Northern New Jersey and the New York metro area. My practice is focused almost exclusively on the food-and-beverage sector—restaurants, bars, cafés, mixed-use hospitality assets, and unique waterfront operations—which allows me to bring a depth of knowledge, relationships, and deal strategy that generalists cannot match.

My background is a blend of commercial brokerage, business valuation, restaurant financial analysis, liquor license expertise, and decades of hands-on experience in the hospitality world as a working professional musician. That combination gives me rare insight into the operational realities, challenges, and opportunities restaurant owners face—making me an advisor who speaks the language of the industry.

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What I Specialize In

Restaurant Business Sales & Acquisitions

I broker full-service, fast-casual, turn-key, and second-generation restaurant sales—both on-market and confidential off-market opportunities. I assist owners with valuation, financial packaging, exit planning, and identifying qualified buyers.

Liquor License Sales (NJ & NY)

I handle the sale, valuation, and transfer coordination of:
• Plenary retail consumption licenses (NJ)
• Seasonal and waterfront licenses
• New York on-premise licenses tied to real estate
• High-value “center of town” licenses in competitive markets

Restaurant + Real Estate Transactions

Specialized expertise with:
• Restaurant buildings
• Mixed-use assets
• Marinas with hospitality components
• Retail condos
• Buildings with assignable leases
• Assets combining real property + business + liquor license

Distressed & Underperforming Restaurants

I regularly work with owners facing operational challenges, declining sales, or lender pressure. I create confidential strategies that may include:
• Restructuring the listing
• Quiet marketing to qualified buyers
• Negotiating with lenders, including SBA-backed situations
• Creative seller-financing solutions
• Positioning the business for a value-preserving exit

Buyer Representation for Restaurant Groups

I actively source expansion sites for regional restaurant groups seeking second-gen spaces with significant BOH infrastructure, heavy HVAC, strong utility service, and favorable occupancy ratios. My site searches focus on the highest-performing markets in Northern NJ, Westchester, and surrounding regions.

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How I Work

Restaurant deals are different from typical small-business or retail transactions. They involve:
• Detailed financial analysis (SDE multiples, COGS benchmarks, labor models)
• Equipment and infrastructure evaluations
• Landlord negotiations and assignable lease reviews
• Licensing, zoning, and municipal approvals
• Sensitivity to confidentiality for staff, customers, and landlords
• Understanding seasonality, operational rhythms, and realistic upside

My practice is built on a high-touch, data-driven, and always confidential approach. I combine valuation tools, local market knowledge, financial modeling, and a strategic marketing process to maximize results while minimizing disruption for the owner.

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Track Record & Experience

I have worked on a wide range of restaurant transactions, including:
• Downtown main-street restaurant + real estate packages
• Liquor license sales throughout Bergen, Essex, Morris, Passaic, and Somerset Counties
• Waterfront restaurant and marina opportunities
• High-value mixed-use hospitality properties
• Turnaround and distressed restaurant exits
• Buyer-group site searches (NJ & NY)
• Creative seller-financing structures designed to solve lender limitations and expand the buyer pool

My recent deals range from $300,000 business-only transfers to multi-million-dollar hard-asset + business + liquor license combinations.

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Professional Value to Clients

Clients work with me because I bring:
• A clear understanding of restaurant financials and valuation drivers
• Full confidentiality during sensitive sale processes
• Ability to uncover off-market or underperforming restaurant opportunities
• Strong relationships with owners, investors, and hospitality groups
• Experience navigating complex liquor license and zoning situations
• Strong negotiation, communication, and deal-structuring skills
• Highly polished marketing materials and buyer presentations
• Persistence and creativity in challenging market conditions

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Markets Served
• Northern New Jersey: Bergen, Essex, Morris, Passaic, Union, Hudson, Somerset
• NY Metro/Border Towns: Rockland, Westchester, Orange County
• Specialty Markets: Greenwood Lake, lakefront assets, marinas, downtown restaurant districts

Services Provided

Real Estate - through Keller Williams Commercial Realty - Ridgewood, NJ

Business Brokerage - through Legacy Advisors, LLC - Wyckoff, NJ

Areas Served

  • Bergen County, NJ
  • Essex County, NJ
  • Morris County, NJ
  • Passaic County, NJ
  • Union County, NJ
  • Licensed In

    • New Jersey — License number 0792023

    Professional Affiliations

    IBBA
    Keller Williams Commercial

    Business For Sale Listings

    $489,000
    Cash Flow: $286,000 
    Essex Co., NJ 
    Profitable French Bakery Retail Location Thriving French Bakery

    Profitable French Bakery Established artisanal bakery in the heart of Essex County generating $1M+ in annual revenue with strong profitability. Prime downtown location surrounded by upscale retail, restaurants, and theaters with heavy foot traffic.Highlights: • Buyer will need to provide their own production kitchen. Seller is not offering the kitchen production space for sale • Skilled Team in Place: Experienced staff wishes to stay on, ensuring seamless transition and continuity of high-quality pastry production. • Signature Offerings: French pastries, custom cakes, tarts, cookies, and specialty desserts. • Chic Retail Space: Indoor and street seating with a modern urban vibe. • Excellent Location: Surrounded by thriving businesses, public transit access, and strong community demographics.This is a rare opportunity to acquire a highly regarded, profitable bakery brand with growth potential through expanded production and 

    $2,659,000
    Orange Co., NY 
    Waterfront Restaurant, Bar & Marina- Busy Lakefront Goldmine Lakefront Restaurant and Marina with Outdoor Activities

    This one of kind restaurant/marina is a picturesque waterfront venue that combines rustic charm with modern elegance. Situated on 1.73 acres along one of the largest inland lakes bordering NJ/NY, the property offers expansive views of the lake and surrounding mountains, providing a serene backdrop for dining and eventsThis venue offers a vibrant and diverse live music scene that enhances its picturesque lakeside setting. Throughout the warmer months, the venue hosts a variety of musical acts, ranging from acoustic duos to full bands, providing entertainment that complements its upscale yet relaxed atmosphere. The outdoor terrace and bar area provide an ideal setting for enjoying live music, allowing guests to savor creative cocktails and American-Mediterranean cuisine while taking in the scenic views of the lake. This combination of quality dining and live entertainment makes this a popular destination for both locals and 

    $3,300,000
    Westwood, NJ 
    Exceptional Restaurant Proven Location, Beautiful Buildout, Liquor Lic Restaurant Property & Liquor License – Rare Westwood Opportunity Financing available Includes Real Estate

    Transform your restaurant ownership dreams into immediate profitability with this turnkey Westwood establishment that eliminates years of startup struggles while delivering instant cash flow and growth potential in Bergen County's premium market.You'll generate revenue from day one through multiple proven income streams: an established 218-seat restaurant with full liquor license serving a loyal customer base, plus $67,000 in guaranteed annual rental income from two retail tenants that significantly reduces your operational risk and accelerates ROI.Skip the costly renovation phase and equipment headaches that typically delay restaurant launches by months. Your fully operational 6,500 sq ft space features a brand-new commercial kitchen, walk-in refrigeration, sophisticated dining areas with indoor fireplace, and seasonal outdoor seating that maximizes 

    3
    $405,000
    Jersey City, NJ 
    Modern American Bistro – Full Bar & High-Traffic Area! Full Service Bar and Restaurant in the Heart of Downtown

    This established modern American bistro represents a premier dining and hospitality investment opportunity in downtown Jersey City. The restaurant operates from the ground floor of a four-story residential building situated in a historic neighborhood, offering full-service dining with an extensive bar program featuring craft cocktails and market-inspired cuisine.The establishment occupies a strategically positioned location with exceptional accessibility metrics, including a Walk Score of 99 (Walker's Paradise designation) and Transit Score of 82, indicating superior pedestrian and public transportation connectivity. The PATH station proximity provides direct access to the greater metropolitan area, ensuring consistent customer traffic from both local residents and commuting professionals.Operational Infrastructure:- Full-service restaurant with comprehensive bar operations- Modern American cuisine focus with market-driven 

    2
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