HS Listing ID-73493
Asking Price: $950,000
Gross Revenue: Approx. $1.96M (FY2025), seller-reported
Cash Flow (SDE): Approx. $415K–$450K, trailing and blended, per the books
Lease: 10-year term through 2033 plus a 5-year renewal option, with 3% annual escalations. Base rent started at $22,000/month.
Liquor License: Plenary Retail Consumption (Type 33) license included.
Buildout: Over $1.4M invested since 2023 in a complete, modern fit-out:
Retractable motorized roof system (about $598K), which makes the rooftop a year-round revenue space
Leasehold improvements of about $850K
Professional AV, lighting, LED walls and POS (about $220K)
Commercial kitchen and bar equipment, plus a security and access-control system
Rooftop sprinkler system, sound equipment and event décor package
Revenue Streams: Liquor and bottled beer, hookah, non-alcoholic beverages, food service, ticketed events and promotions, and service charges
Systems: Toast POS, QuickBooks accrual books, and clean P&Ls by year back to opening
Opportunity: A turnkey venue that would cost well over $1M to replicate, with the license and the all-weather rooftop already in place. Food sales grew meaningfully in 2026. A new operator can add recurring events, private bookings, corporate buyouts and a stronger daytime and dining program.
Financial figures and lease terms are seller-reported and subject to verification. Price includes the license and furniture, fixtures and equipment, and the transfer of the liquor license is subject to NJ ABC approval. Qualified buyers must sign an NDA to receive the address, financial package and full details.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
