Profitable Business for Sale with an Established Customer Base

Asking Price$450,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Kitchen
Front
Dining Area
Bar Area
Bar
Kitchen
Kitchen
Front
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Profitable Business for Sale with an Established Customer Base


Asking Price$450,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Established Turnkey Bar & Restaurant - The Famous City Tavern

This exceptional opportunity presents a fully operational bar and restaurant with nearly 30 years of continuous operation since 1994. Located in Elizabeth, NJ with prime accessibility to major transportation corridors including the NJ Turnpike, Route 28, Garden State Parkway, and Newark Liberty International Airport.

Key Business Features:
• Complete turnkey operation with established customer base and strong reputation
• Full liquor license included in sale
• Ample on-site parking accommodating 30-40 vehicles
• Strategic urban location with high density and transit proximity
• Excellent visibility and consistent traffic exposure
• Inventory included in purchase price

Growth Opportunities:
• Expand craft beer rotation to attract enthusiasts
• Develop signature cocktail program
• Implement strategic happy hour promotions
• Add premium bottle service nights
• Create VIP table reservation system

Financial Highlights:
• Asking Price: $450,000
• Owner financing available for qualified buyers with strong collateral
• Established revenue history available to qualified prospects
• Immediate cash flow potential with existing customer base

This rare opportunity combines an established business model with significant upside potential in a high-traffic location. The seller is retiring after building a successful operation, making this an ideal acquisition for an experienced operator or investor seeking immediate entry into the profitable restaurant and bar industry.

The business benefits from its strategic location near major transportation hubs, ensuring consistent patron flow from both local customers and travelers. With proper execution of growth initiatives, new ownership can capitalize on the existing foundation while expanding revenue streams through enhanced service offerings.

Don't miss this chance to acquire a well-known establishment with proven success and substantial growth potential in one of New Jersey's most accessible locations.
About the Business
Years in Operation
32
Facilities & Assets
4 modern lavatories for customer convenience
Liquor license included for a smooth, turnkey transition
Ample on-site parking for 30–40 vehicles
Cable TV available to enhance guest experience
Steps from public transportation for easy access
Just minutes from Newark Airport
Market Outlook / Competition
- Established business location
- Liquor license included
- Urban density & transit proximity
Opportunities for Growth
- Craft beer rotation
- Signature cocktails
- Happy hour promotions
- Bottle service nights
- VIP table reservations
About the Sale
Seller Motivation
Seller is retiring
Financing Options
Seller is open to owner financing for quialified buyer with strong collateral.
Listing Info
ID
2485455
Listing Views
Business Location

Contact Seller

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Business Listed by: Grisela Flores

Listing ID: 2485455 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.