500 White Horse Pike Pomona, NJ 08215
This exceptional turnkey restaurant opportunity in Pomona, NJ, presents a rare chance to acquire a thriving business with significant upside. Located at 500 W White Horse Pike, this Galloway landmark boasts high visibility and ample parking, ensuring convenient access for patrons. The property features two floors of meticulously maintained dining and entertainment space, comfortably accommodating approximately 100 guests. The first floor includes a welcoming dining area, a fully equipped bar, two restrooms, and a state-of-the-art kitchen designed to inspire culinary excellence. Upstairs, a spacious second-floor dining room offers additional seating, ideal for private events or expanding capacity. This level also includes a second bar, two more restrooms, a dedicated prep area, and ample storage. Recent upgrades include a new roof, furnace, air conditioning system, point-of-sale (POS) system, grease trap, and a brand-new dual-force sewer system, minimizing maintenance concerns and maximizing operational efficiency. The included liquor license streamlines the transition for a new owner, allowing for immediate operation and revenue generation. This is a truly exceptional opportunity for a seasoned restaurateur or ambitious entrepreneur seeking a well-established, profitable business in a prime location. The property is easily accessible and features a lockbox for convenient showings. Priced at $1,300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.