ID #1777 - $3.5M in Sales | Restaurant, Bar & Banquet Venue with LL
Business Description
The sale includes business, long lease, “33” liquor license and FF&E
A fully operational, multi-revenue-stream hospitality landmark averaging $3.5 million in annual sales. Anchoring one of northern New Jersey most desirable and walkable downtowns, this established operation generates income from five distinct revenue streams — restaurant, full bar, cafe, banquet events, and catering — all flowing from a single turnkey location. It has defined its local dining scene for more than a decade and is now ready for its next chapter.
The business occupies a substantial 9,200+ SF building spanning two full floors of operations along with an expansive outdoor dining for a total seating capacity for over 500 guests. There is also a vacant 3,000+ SF retail space adjacent to the restaurant included in the monthly rent.
With nine years remaining on the base term plus four additional five-year renewal options, the incoming operator enjoys a runway extending through 2055 — all at a monthly rent under $20,000. For an operator or investor seeking long-term stability, this is an extraordinary foundation.
The restaurant is in a charming borough consistently ranked among New Jersey's best places to live, with a median household income significantly above state averages and a food-loving community known for its unwavering loyalty to its restaurants. A NJ Transit station just steps away provides direct service into Newark Penn Station with connections to New York Penn Station, drawing diners from across the greater New York metro commuter corridor while proximity to the Garden State Parkway, Route 22, and I-78.
The scale of the space, the outdoor capacity, the dedicated banquet hall, and the proven market make this an unrivaled launchpad for virtually any hospitality vision — sports bar, upscale dining, events and wedding destination, brewpub, or a continuation of the current successful model.
A fully operational, multi-revenue-stream hospitality landmark averaging $3.5 million in annual sales. Anchoring one of northern New Jersey most desirable and walkable downtowns, this established operation generates income from five distinct revenue streams — restaurant, full bar, cafe, banquet events, and catering — all flowing from a single turnkey location. It has defined its local dining scene for more than a decade and is now ready for its next chapter.
The business occupies a substantial 9,200+ SF building spanning two full floors of operations along with an expansive outdoor dining for a total seating capacity for over 500 guests. There is also a vacant 3,000+ SF retail space adjacent to the restaurant included in the monthly rent.
With nine years remaining on the base term plus four additional five-year renewal options, the incoming operator enjoys a runway extending through 2055 — all at a monthly rent under $20,000. For an operator or investor seeking long-term stability, this is an extraordinary foundation.
The restaurant is in a charming borough consistently ranked among New Jersey's best places to live, with a median household income significantly above state averages and a food-loving community known for its unwavering loyalty to its restaurants. A NJ Transit station just steps away provides direct service into Newark Penn Station with connections to New York Penn Station, drawing diners from across the greater New York metro commuter corridor while proximity to the Garden State Parkway, Route 22, and I-78.
The scale of the space, the outdoor capacity, the dedicated banquet hall, and the proven market make this an unrivaled launchpad for virtually any hospitality vision — sports bar, upscale dining, events and wedding destination, brewpub, or a continuation of the current successful model.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,281
- Rent
- $19,261 per month
Listing Info
- ID
- 2529623
- Listing Views
Listing ID: 2529623 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.
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