Reputable Tap House/Restaurant/Bar for Sale near Wayne New Jersey
| Asking Price: | $1,499,000 |
| Gross Revenue: | $2,000,000 |
| EBITDA: | $620,000 |
| Real Estate: | $1,599,000 |
| Cash Flow: | $400,000 |
| Inventory: | $75,000 |
| FF&E: | $520,000 |
Reputable & Popular Tap House Bar Restaurant for Sale near Wayne, New Jersey
***Local Bar/Restaurant with HUGE property (indoor/outdoor seating & entertainment)***
Opportunity to own a well-established tap house bar restaurant near Wayne, New Jersey, offered for sale due to the owner's retirement. This 8 year old thriving business includes both the business and real estate, as well as options to lease if needed; providing a turnkey opportunity in a prime location.
Key Features:
- Location: Highly visible near Wayne, NJ, with a strong local and regional customer base.
- Established Brand: Known for its inviting atmosphere and wide selection of craft beers and gourmet pub food.
- Facilities: Includes spacious dining areas, a fully equipped kitchen, and a well-stocked bar.
- Outdoor Seating: Ample outdoor seating area for patrons to enjoy and entertainment to perform.
- Parking: Main road streetside parking available for customers.
- Financials: Strong financial performance with consistent revenue and profit.
Sale Options:
- Business and Real Estate: $3,099,000
- Business Only: $1,499,000
- Real Estate Only: $1,599,000
Liquor License price: $385,000
Financial Snapshot:
- Gross Sales: $2,000,000
- EBITA: $620,000
- Seller's Discretionary Earnings: $400,000
- Assets Valuation: $520,000
This is an ideal opportunity for an entrepreneur or investor looking to enter the lucrative restaurant and bar industry or expand their portfolio with a well-established business. Don't miss out on this chance to own a premier taphouse near Wayne, New Jersey.
Confidentiality agreements/contracts are necessary to move forward with inquiries.
