Bielat Santore & Company announced on May 3 the sale of the Victory Bar & Grill, located at 795 Route 73 in West Berlin, New Jersey. The transaction was managed by Robert “Diner Bob” Gillis, who represented the seller and is recognized for his experience in selling hospitality properties.
The sale is significant as it underscores Bielat Santore & Company’s continued activity in the hospitality real estate market. The company specializes in restaurant and hospitality industry services including brokerage, feasibility studies, investment analysis, financing, market valuations, site selection, and land development.
Victory Bar & Grill has been a well-known establishment serving both South Jersey and Philadelphia communities. Owned by Andy and Loukia Likogiannis before the sale, it was recognized for its service quality and diverse menu options such as burgers, wings, cheesesteaks, and a pizza oven visible to customers. The venue offered a large seating capacity with dining rooms, bar areas, an open-air patio added recently for additional guests, as well as entertainment features like flat-screen TVs and backyard games.
According to Bielat Santore & Company’s announcement: “This transaction in Camden County highlights the firm’s extensive state-wide success in selling hospitality real estate.” The new owners intend to make improvements focused on sports viewing experiences and live entertainment while maintaining popular offerings such as Sunday brunch buffets.
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The broader implications of this transaction reflect ongoing changes within New Jersey’s restaurant scene. As new owners take over established venues like Victory Bar & Grill while aiming to preserve their community roles and traditions alongside targeted updates or renovations.
