Reputable Tap House/Restaurant/Bar for Sale in Wayne, New Jersey

Restaurants & Food Businesses for Sale
- Primary Category: Bars, Pubs & Taverns for Sale
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.
Financial Information
- $1,499,000 Asking Price
- $400,000 Cash Flow
- $2,000,000 Gross Revenue
- $750,000 Down Payment
- Yes Financing
Business Location
- City: Oakland
- State: New Jersey
Reason for Sale
- Retirement
Detailed information
- Year Established:
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: $620,000
- Inventory Included: Yes
- Inventory Value: $75,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $1,599,000
- FF&E Included?: Yes
- FF&E Value: $200,000
Business Listed by

Brandon Kirch
Sunbelt of PassaicPASSAIC001-55335
Contact Business Broker
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