Saloon Restaurant
Business Description
Highly successful, one-year young bar restaurant with a Latin flavor on a New Jersey state highway with a valuable liquor license and entertainment approval. The company, which is in Somerset County, projects a gross income of $1,200,000 for 2026 and with additional hours and days expects an additional growth in business sales. This is a dependable safe business opportunity and based on the asking price, required down payment with owner financing and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business is closed due to remodeling and will open shortly after the holidays. For Qualifications purposes, this business opportunity requires specific government licensing approval to purchase or operate due to the New Jersey state consumption liquor license regulations other than the standard required municipal licenses. This particular industry maintains a critical amount of required inventory. Routinely this company has approximately $10,000 in marketable wholesale inventory and the purchaser will be responsible for that expense based on wholesale value and required at time of closing.
Please do not disturb business, this sale is confidential, the employees are unaware of the pending sale, all viewings are by appointment only and any photo, unless otherwise stated, does not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumvential Agreement.
Please do not disturb business, this sale is confidential, the employees are unaware of the pending sale, all viewings are by appointment only and any photo, unless otherwise stated, does not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumvential Agreement.
About the Business
- Years in Operation
- 2
- Facilities & Assets
- This business opportunity is one year young, in central New Jersey, Somerset County, in the city of Green Brook, on a highly active state highway. This business facility consists of approximately 5,000 square feet with an ultra-modern, attractive and professional appearance. The business is in a free-standing retail facility conveniently location for its various customers.
- Market Outlook / Competition
- Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement with the purchaser.
- Opportunities for Growth
- Regarding growth and expansion, this restaurant can be further developed by increasing the operating days and longer hours. Also, by improving the website and marketing system. Additionally, the company has a limited non-optimized web site and if adjusted it can further develop the yearly business sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $9,000.00 per month
- Lease Expiration
- 1/1/2033
About the Sale
- Seller Motivation
- The purpose of this business transaction is due to the owner alternative busines
- Transition Support
- Training and owner support, the seller will supply an appropriate training post closing to the purchaser.
- Financing Options
- Also, seller financing is available for this transaction and is available to a qualif
Listing Info
- ID
- 2436666
- Listing Views
- 94
Listing ID: 2436666 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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