Premier Restaurant & Live Music Venue – Downtown Morris County-Liquor

Asking Price$850,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

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Premier Restaurant & Live Music Venue – Downtown Morris County-Liquor


Asking Price$850,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Located in the heart of a vibrant and affluent Morris County downtown, this well-established restaurant and live music venue has been a fixture in the community for more than 30 years and has earned national recognition as one of America’s top music clubs.

#33 Plenary Liquor License Included

The multi-level space offers a distinctive combination of dining, bar and entertainment areas, presenting an exceptional opportunity for an owner-operator or hospitality group seeking an established location with significant character, history and flexibility.

Thoughtfully configured across two levels, the venue supports multiple revenue streams, including traditional dining, live entertainment and private events. The first floor features an inviting dining room and bar with a strong street-level presence, while the lower-level bistro offers a more intimate atmosphere with its own bar—ideal for live performances, private parties, special events or additional seating.
About the Business
Years in Operation
31
Facilities & Assets
Property Highlights
• Total Seating Capacity: Approximately 162 seats
o 75 seats in main dining room
o 12 seats at main bar
o 20 high-top seats in bar area
o 55 seats in downstairs bistro with additional bar
• Approximate Square Footage:
o First Floor (Dining & Bar): ~2,100 SF
o Basement Bistro: ~900 SF
o Kitchen: ~700 SF
• Layout & Use:
o Prominent Main Street frontage
o Full-service kitchen
o Two distinct bar areas
o Flexible seating configurations for dining, entertainment, and events
Opportunities for Growth
Significant opportunity exists to expand revenue within this established 30+ year restaurant and entertainment venue. An energetic owner-operator or hospitality group can build upon the existing reputation and customer base through expanded operating hours, increased live entertainment programming, enhanced marketing and social media, and a stronger focus on private parties and corporate events. The two-level configuration provides excellent flexibility for simultaneous dining, entertainment and private functions, allowing areas of the venue to generate revenue independently. Additional opportunities include expanded bar programming, themed events, brunch, catering, ticketed performances and strategic partnerships. With an established location, recognized entertainment identity and substantial infrastructure already in place, a new operator has multiple avenues to increase utilization, broaden the customer base and drive meaningful revenue growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$10,000 per month
Lease Expiration
1/1/2036
Listing Info
ID
2551218
Listing Views
5

Listing ID: 2551218 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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