Long Term Lease with purchase of Business

401 N Broadway Gloucester City, NJ 08030

401 N Broadway , Gloucester City, NJ, 08030
401 N Broadway , Gloucester City, NJ, 08030
FOR LEASE
Property Type:
Restaurant
Last Verified:
Apr 17, 2019

Highlights

  • .

Description

With the purchase of the business at $295,000 the tenant can lease the building and have use of the liquor license for $3500/month.

O’Donnell’s seats 160 customers including a private room that accommodates 70 and a 40 seat bar with a great atmosphere for parties, birthdays, showers, or any occasion! There is always plenty of parking on site. O’Donnell’s is the first restaurant/pub in walking distance from Holtec International Technology Center which is in the process of hiring over 400 new high paid workers on 3 shifts. There are over 1000 port workers on at any time within walking distance from O’Donnel’s and it is the first bar/restaurant located directly in line with all of these high-density employee locations! O’Donnell’s Restaurant & Bar has been in business since 1923 when KO Joe O’Donnell, former lightweight champion of the world, opened this Pub. This property is also for lease with a Purchase of the business at $245,000 and lease the building for $3,500 per month. Or you can purchase outright for $695,000. The $245,000 value for the business represents the use of the liquor license and the value of the ongoing business. Any Liquor License conveyance expenses will apply.

Building Size: 11000.0sq ft
Building Class: B
Lot Size: 0.0 acres

Units for Lease

O'Donnels Pub and Restaurant
Space Available: 111 SF
Lease Type: NNN

Price Per Sqft/Year: $3500.0

Map of 401 N Broadway , Gloucester City, NJ, 08030

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