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Asking Price$140,500
Revenue$650,000 EstablishedUndisclosed
Cash Flow$105,000 Employees1 full, 18 part
FF&E$200,000 FranchiseNo
Inventory$7,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
The location of this bar pub is on one of the busiest roads on Long Island. The bar is 3,500 Sq. Ft. with another connecting 1,000 Sq. FT building, for parties and catering. Both have private patios. The bar has 22 taps and 3 walk-ins, full kitchen, 11 TVs and 2 55 inch TVs in the party room. This bar comes with an incredible camera system, with 32 cameras. The bar also has a brand new heating system and POS system. The bars monthly rent is only $7,850 which includes building insurance and has a great lease for 10 years plus 5-year option. The gross revenue is $650,000 annual plus income from OTB, Lotto, and games. After all, expenses are paid, the net cash flow is $105,000 per year plus income from OTB, Lotto, and games. Seller is selling due to health reasons. This is truly a great opportunity for a new owner. Please contact the broker at 1-877-735-5224.
Training/Support:The seller will train the new owner.
Seller Financing:110,000.00 Down & $30,500.00 at 5% over 60 months
Sale Reason:Selling due to health reasons
Ad #101090
Seller Reference #30771
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Contact This Seller
Joseph DeGaetano
877-735-5224
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