Rare NJ Liquor License with Turnkey Restaurant

Rare opportunity to acquire an established, family-owned restaurant with a valuable full NJ liquor license, turnkey equipment, experienced staff, and multiple established revenue streams. Operating for almost ten years, this upscale-casual scratch kitchen has built a loyal local following and offers dine-in, takeout, delivery, online ordering, catering, private events, and take-home party trays. Now able to do alcohol drinks to go which will increase sales.

The restaurant is approximately 5,600 SF, with a dedicated space for private events. Event demand is growing, with approximately six events booked during the current month and additional events scheduled through year-end and into January.

KEY HIGHLIGHTS

• Full NJ liquor license; estimated current value of $600,000; must be purchased with business
• Approximately 5,600 SF with ~200-person capacity
• Recent ~1,000 SF private-event expansion
• Seafood, steaks, burgers, wings, seasonal selections, craft cocktails, wine & beer
• Approximately 16 rotating beer taps plus daily happy hour. No able to provide alcohol to go.
• Growing private-event and catering business
• Online ordering and reservations through established website
• Customer rewards program and established social media presence
• 24 employees expected to stay, including 7 full-time cooks
• Experienced Executive Chef and Sous Chef, each with approximately 3 years of tenure
• Many FOH employees have approximately 3 - 6 years of experience
• Fully equipped commercial kitchen and bar
• Four Vulcan ovens, grills, POS, bar equipment, furniture, approximately 11 TVs and more
• Seller estimates $100K+ FF&E replacement value
• Approximately $30K food/liquor inventory available separately
• Significant residential development reportedly surrounding the business, including approximately 2,000 units within 5 miles
• Strong opportunity to expand management, private events, catering and other revenue channels

TURNKEY & READY FOR NEW OWNERSHIP

The business has the infrastructure, staff, equipment, customer base and online presence already in place for a new owner to take over an established operation. The current owner manages administration, payroll, marketing and personnel, while the Executive Chef oversees kitchen operations and the owner's wife manages private events.

An excellent opportunity for an owner-operator, experienced restaurateur, hospitality group, or investor seeking an established restaurant with a rare liquor-license asset and meaningful growth opportunities.