433 TELEGRAPH RD

$995,000

Alloway, NJ 08001
  • 4.60 Acres

Property Details

Well-established restaurant, bar and package goods business in Historic Alloway Twp. Established in 1975 the Alloway Village INN has been a successful establishment with great revenue and cash flow. This Bar, Restaurant and Package Goods business is a landmark in Salem County and offers a nice family atmosphere for dining, relaxing and fun. Plenty of room to expand this 4000 square foot property is situated on 4.33 acres and includes an asphalt parking lot for approximately 50 cars. Seating for about 75 patrons including both full-length bar and table seating. Current allowable occupancy is 199 patrons per local fire code. The Liquor License is a Class 33 (allows for 1/3 package goods and 2/3 bar/restaurant business) and is included in the sale. The Package Goods Business includes the sale of Beer, Wines and Spirits and there is a separate entrance for the package goods area with plenty of shelving. The interior of the building has recently been renovated and improvements have been made. There are 3 package good refrigerators for beer, wine and cold beverages. Fully Equipped Commercial Kitchen & Storage (Dry storage 300 square feet and cold storage 300 square feet). See list of included equipment. There is also a nice-size office. Back pool room is set up with 2 pool tables and dart boards but could easily be converted into a room for private parties. Live music on weekends throughout the year and the popular Crab Fests on Sundays are a staple during the Summer Months. Many other fun events are held here such as Bar Runs and Office Parties throughout the year. Beer, Wine and Spirits inventory is not included in the sale, but can be negotiated separately. Property will be tied into public sewer at the owner’s expense prior to closing.

NJSA2000692
Aug 4, 2021
0.00 x 0.00 Square Feet
Restaurant/Bar
$15,126
2020
Last Updated: Oct 21, 2021
Brokered By Century 21 Town & Country Realty - Woodstown
Listed By Anthony Morda

Directions

Telegraph Road

Bright MLS

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