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Bar Restaurant
Fairfield County, CT |
Listing #3087 |
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| Financial Information (non-confidential) |
| Asking Price |
$235,000.00 |
Gross Revenues |
$486,308.00 |
| Down Payment |
$150,000.00 |
Owner’s Cash Flow |
$82,262.00 |
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Financing: $150,000.00 Down and 85000 @ 8% over 36 months
Reason for Selling:to play more golf
Beautiful bar/restaurant located in a sporting complex. Great staff, sales and cash flow. All sales figures stated are minimums backed by computerized register tapes. No guesswork! All records are well kept. Rent is based on sales/profits and was approx. 30k last year. Utilities are 12k/yr fixed. Guaranteed traffic flow! Because rent is based on sales/profits landlord has done an excellent job increasing traffic and sales opportunities. Busy season runs from September through June with slower but steady sales through July and August. Beautiful sports bar/restaurant in busy complex. Total square footage is approx. 4000sq.ft. Capacity is approx 150pp. All equipment and furnishings are owned by landlord who shares in cost of repairs and is responsible for replacement. Approx. 9 years left on lease. License is restaurant beer/wine.
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Marie Goldstein
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
