452 Route 22 W - Restaurant FOR SALE


White House Station, NJ 08889
$4,600,000 USD
908-334-1151
452 Route 22 W, White House Station, NJ for Sale
$4,600,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

452 Route 22 W
White House Station, NJ 08889


HIGHLIGHTS

  • Turnkey & Profitable Classic American Restaurant with Liquor License has Indoor & Outdoor Dining
  • High Visibility, Complete Renovation in 2023, New Interior, New Commercial Kitchen, New Walk in Freezer, New Walk in Refrigerator, Locked Liquor Room
  • Set up to expand the Bar to the Outdoor Patio, Add wood fired pizza oven has great growth potential. Enclose the Outdoor Patio for Expansion & Growth.

OVERVIEW

Established American restaurant offering a rare combination of profitability, high visibility location, and significant growth potential. This turnkey operation has served customers continuously since 1980 and underwent complete renovation in 2022 creating an exceptional investment opportunity for experienced restaurateurs. FINANCIAL INFORMATION: - Asking Price: $4,600,000 PORTFOLIO OPTIONS INCLUDE:(Land, Building, Business, Liquor License) Seller Financing Available Breakdown: - Asking price Business: $1,600,000 - Profitable Business (Lease Option) Seller Financing Available - Asking price Liquor License: $500,000 - Asking Price Real Estate $2,500,000 (owned by seller) 2.78 Acres of Land with the Building - Seller Financing Available - Seller financing available to qualified buyers on all options - 20-25 employees supporting daily operations - Owner retiring after decades of successful operation ADJACENT PROPERTY: -Private home on separate deed $500,000 on .58 Acre (to be sold separately Newly Renovated 2023 KEY BUSINESS HIGHLIGHTS: - Profitable operation with positive cash flow - High visibility location ensuring strong customer traffic with 176 frontage on Rt. 22 - Turnkey restaurant ready for immediate operation - Totally renovated in 2022 with modern amenities - Indoor and outdoor dining maximizing revenue potential - Substantial expansion and growth opportunities FACILITY FEATURES: - 5000 square feet = 3,660 square feet Indoor Dining plus 1500 square feet Outdoor Dining - Situated on expansive 2.78 acres - 178 total seating capacity (93 indoor, 85 outdoor) - Full liquor license enhancing revenue streams fully equipped with 2 Coolers, Mug Chiller, and 10 Line Beer on Tap - Audio Surround Sound 10 Speaker System for Indoor & Outdoor Dining - 23 Camera Close Circuit Security System - 3 -65" OLED Mounted TV's - 2 - 7 Ton AC Units - Forced Hot Air Gas Heat - 2 Storage Sheds - detached - Beautiful new commercial kitchen with multiple cooking stations - all stainless steel - Walk-in freezer and walk refrigerator for optimal food storage - Walk in Beer Cooler with 10 Line Craft Beer Kegs (BML System) Beer on Tap - Liquor storage and administrative office - Covered outdoor patio perfect for additional amenities EXPANSION OPPORTUNITIES: The property offers tremendous potential for growth including bar expansion and addition of a wood-fired pizza oven in the covered outdoor patio area. The substantial acreage provides flexibility for future development. Already set up to expand the Bar to the outdoor dining, add a Wood Fired Pizza Oven and install glass to enclose for all season dining and events: weddings, bridal shower, engagement party, baby shower, christenings, office luncheon, team building, birthday parties, graduations and more! This exceptional restaurant combines proven profitability with modern facilities and expansion potential, representing an outstanding opportunity for investors seeking an established hospitality business with documented performance and growth prospects.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$1,257 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

B

APN/PARCEL ID

22-00004-0000-00067

ASK ABOUT THIS PROPERTY

Lidia GabinelliKienlen Lattmann Sotheby's International RealtyMore Info
908-334-1151

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Lidia GabinelliKienlen Lattmann Sotheby's International RealtyMore Info
908-334-1151

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