American Bar & Restaurant-Westchester County, NY
Westchester County, NY

Financing: $125,000.00 Down and SELLER WILL ENTERTAIN ANY REASONABLE OFFER!

Reason for Selling:Retirement.

New American bar and restaurant for sale. Seller will entertain any reasonable offer. Established for 14 years, this restaurant is located in a very affluent part of Westchester, and caters to high-end clientele. There is great walking traffic and public parking. The space is 1,600 sq. ft., with a full basement, including a prep area and walk-in boxes. The dining room is on the main floor, with seating for 45, plus a 14-seat bar. There is a full liquor license until 3am. They are open six days per week, Monday through Wednesday, 5pm - Closing, and Thursday through Saturday, 11:30am to Closing. Monday through Wednesday, only dinner is served- no breakfast or lunch. A new owner can keep the current concept or bring in something new. There are 6.5 years left on the current lease, at a rent of $6,300/month with 3% annual increases. The lease can be extended for a qualified tenant with good credit. In the past year, the business grossed approx. $624,000.00, with a net cash flow of approx. $125,319.00. The current owner is not the head chef, and the business is fully-staffed. We are seeking a serious and financially-qualified buyer with at least $170K in liquid funds to cover the asking price and approx. $20K in rent security. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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