Business Summary:
Highly successful restaurant lounge in an ultra modern fully
remolded hotel chain in Northern NJ. The landlord is leasing
the facility which includes the liquor license at a reduced rent with key funds. The business is located on a major state highway with a huge volume of businesses and
professionals who require this food service. This popular
restaurant which is presently closed offered a quality range
food menu, drinks and live entertainment including room
service and breakfast. The business can accommodate 200
patrons plus an outside renovated patio & bar with a capacity for ninety patrons. The sale includes a turnkey restaurant, NJ state consumption liquor license, various refrigeration units, POS computer system, full kitchen, large volume of equipment, chairs, tables, numerous displays, etc, representing a substantial value. The business has an indoor seating capacity for 200 customers and is part of a 25,000 square foot hotel building with direct access to the hotel lobby. This sale includes substantial private parking is part of the lease agreement and on site. The business remains closed and operated seven days weekly from 11:00 am - 3:00 am. The sale includes the use of a Consumption Liquor License and entertainment approval. A 15 year lease is offered with a first years monthly rent of $4,500. The business enjoyed an excellent repeat client base, as well as business from a large number of guests occupying the hotel. This was considered to be one of the best restaurants / lounge clubs in Northern New Jersey that must be seen to fully appreciate.
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