399 State Route 10 - Restaurant FOR SALE


Randolph, NJ 07869
$4,000,000 USD
201-512-1600
399 State Route 10, Randolph, NJ for Sale
$4,000,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

NEW


399 State Route 10
Randolph, NJ 07869


OVERVIEW

URNKEY SPORTS BAR & RESTAURANT – MORRIS COUNTY PRIME LOCATION This exceptional 12,000 sq. ft. sports bar and restaurant represents a rare turnkey opportunity in desirable Morris County, New Jersey. Established in 2022, this profitable operation has quickly built a loyal customer base and generates $3.5 million in annual revenue. Sale includes a full liquor license, with real estate available for purchase ($3.7M) FACILITY HIGHLIGHTS: • 12,000 sq. ft. facility with full basement and high ceilings • Seating for 300 guests, including 35 bar seats and 50 outdoor seats • Oversized 200+ inch video wall plus TVs throughout for the ultimate game-day experience • Multiple dining areas, large bar, and private event space • Fully equipped commercial kitchen with walk-in coolers • Full liquor license included in sale • 150 dedicated on-site parking spaces BUSINESS STRENGTHS: • Established and profitable with a loyal customer base • Well-positioned as a premier sports bar and restaurant • Strong demand for both casual dining and nightlife • Limited direct sports bar competition in the area • All furniture, fixtures, and equipment (FF&E) included in sale GROWTH OPPORTUNITIES: • Expand catering services • Host more private events and corporate functions • Enhance digital marketing and social media presence • Optimize menu offerings and seasonal promotions • Introduce entertainment concepts using basement space • Themed nights, live music, and special events FINANCING & SUPPORT: • Real estate available for purchase ($3.7M value) or lease • Owner financing available • SBA eligible opportunity • Comprehensive owner training and transitional support included • Assistance with staff and vendor relationships The current owner is retiring due to health considerations, creating an excellent opportunity for the next operator to acquire a proven, fully operational business. This turnkey operation offers immediate cash flow with substantial growth potential in a prime Morris County location. Asking Price: $4,000,000 Annual Revenue: $3,500,000 Real Estate Value: $3,700,000

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

B-2

APN/PARCEL ID

32-00112-0000-00015

ASK ABOUT THIS PROPERTY

John LauroEDIL Pro , LLCMore Info
201-512-1600

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John LauroEDIL Pro , LLCMore Info
201-512-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.