FAMOUS RESTAURTANT WITH LIQUOR LICENSE - KEYPORT, NJ Old Glory Kitchen & Spirits presents an exceptional opportunity to acquire a well-established restaurant and bar operation in downtown Keyport's thriving waterfront district. This turnkey business has been successfully operating since 2015 and includes a valuable liquor license. BUSINESS OVERVIEW: - Established American restaurant with full liquor license - Operating since 2015 with proven track record - 6,500 square feet of beautifully appointed space - Prime downtown Keyport location - Currently owner-operated with absentee management structure FACILITY FEATURES: - Professionally designed restaurant and bar areas - Recently renovated upstairs bar with new furniture ($75,000 investment) - New outdoor patio furniture for enhanced dining experience - Private party area on third floor with dedicated bathroom facilities - Extensive improvements totaling approximately $2.
4 million over ownership period LOCATION ADVANTAGES: - Downtown Keyport's gorgeous waterfront setting - Rapidly developing area with hundreds of new townhouses and apartments under construction - Growing residential population driving increased customer demand - Established reputation as a well-known local destination OPERATIONAL STRENGTHS: - Experienced, quality staff in place - Turnkey operation ready for new ownership - Established customer base and brand recognition - Multiple revenue streams including dining, bar, and private events FINANCIAL DETAILS: Price: $975,000 (includes $500,000 liquor license value + $475K for ( $2. 4 million improvements). - Monthly Lease: $17,000 - Long term Lease GROWTH POTENTIAL: Keyport is experiencing significant development momentum, positioning this restaurant to benefit from the expanding residential base and increased foot traffic in the downtown waterfront area.
The current owner, after ten years of successful operation, is selling due to retirement at age 75. This represents a rare opportunity to acquire a fully operational restaurant with liquor license in one of New Jersey's most promising markets. Only qualified buyers with $975k liquid capital are invited to explore this exceptional restaurant opportunity in Keyport's dynamic downtown district.
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