Sale/Purchase of Restaurant and Liquor License in Maple Shade, NJ
Sale/Purchase of Restaurant and Liquor License in Maple Shade, NJ
Property Type: Restaurant and Liquor License
Site Size: 3,700 +/- SF
Buyer: Lin Family Plaza, LLC
Seller: Romualdo Lamberti
Brokers: Adam Rose, President
Liquor licenses are often hard to come by and Adam Rose, President of Rose Commercial Real Estate, was proud to represent former client and well-known restauranteur, Ramualdo Lamberti, in sale negotiations for one of his properties and its license. Simultaneously, Rose was also working with another previous client, Lin Family Plaza LLC and owner of Megu Sushi, looking for a larger, move-in ready restaurant. Located at 28 S. Church Road in Maple Shade, the 3,700 square foot property (formerly Roots Café and Forno Pizzeria) was the ideal fit and will be transformed into Oceancrat – The Boiling Seafood. In addition to the liquor license, the property has outdoor dining, ample parking and visible signage. It also provided an opportunity to own the property versus lease when they relocate from Mount Laurel. “Working with past clients is always great but to have two at the same time and being able to meet both of their unique needs is even better,” says Rose. The sale closed at the end of April for $900,000.00.
