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Business for Sale Summary

Spacious Neighborhood Bar for Sale in New York - 34105

Business Type: misc. service/non-classifiable,other business services,other eating & drinking places,restaurant/ cafes/ diners,bar/tavern/night clubs
Spacious Neighborhood Bar for Sale in New York
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This business has received 224 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $220,000 Down Payment $220,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$220,000 Down and

Business Description

A famous neighborhood bar is located in a very populated area on Long island. Rent is $3300 a month. The bar is spacious, with the seating arrangements, and also with a commodious backyard, along with the seating arrangements, creates a perfect opportunity for the social and birthday parties. Also has an established kitchen, with the cooking facilities.Has lotto, a gaming machine, a jukebox, an ATM, which earn enough cash to pay almost the rent. The bar has 6 bartenders, who are willing to stay with a new owner. The business has a state-of-the art security system .The seller is willing to stay until a new owner becomes well-conversant with the business. The seller, due to personal reasons, wants to sell this business. The seller's net cash flow, after paying all the bills, is over $85,000 a year. To learn more, please contact the broker Nathan Goldstein at 877-735-5224.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.