(SeaPRwire) – TOMS RIVER, N.J., April 5, 2026 — Bielat Santore & Company, a leading hospitality real estate agency in New Jersey, is pleased to announce the successful sale of The Office Lounge, a historic dining and drinking establishment located at 820 Main Street in Toms River. This transition of ownership after five decades marks a major milestone for the iconic local venue.
The deal, which encompassed the business operations, real estate, equipment, furnishings, and a plenary retail consumption liquor license, was managed by Richard Santore, Vice President of Bielat Santore & Company, based in Allenhurst, New Jersey. By utilizing its exclusive database of over 12,000 vetted buyers, the firm reinforced its standing as the top restaurant brokerage in New Jersey.
The Office Lounge has long served as a staple of Ocean County. The facility includes a 270-seat restaurant and bar, a dedicated sushi station, and seasonal outdoor seating for 50 guests. The sale also includes “The Villa,” a 5,384-square-foot building designed for private gatherings and meetings, capable of hosting 168 people.
“Selling an active business of this scale requires a careful balance between effective marketing and discretion,” noted Richard Santore. “We maintained strict confidentiality until the public announcement of the liquor license transfer, as privacy is a cornerstone of our strategy. We are delighted to have connected this historic site with a buyer who appreciates its significance to the Toms River community.”
The property was purchased by the Esperto Hospitality Group. The Office Lounge now joins an existing portfolio of Esperto-managed venues, including Centrada in Red Bank, NJ, Covo Italian Steakhouse in Marlboro, NJ, and Local House Kitchen + Bar in Tinton Falls, NJ. The Office Lounge will continue to operate daily for lunch and dinner, and the adjacent Villa remains available for private event bookings.
About Bielat Santore & Company: Established in 1978, Bielat Santore & Company focuses primarily on the restaurant and hospitality sectors. The firm offers comprehensive strategic services, including commercial brokerage, business appraisals, and debt and equity financing. For further details, visit www.123bsc.com.
SOURCE Bielat, Santore and Company
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