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Asking Price$249,000
Revenue$416,000 EstablishedUndisclosed
Cash Flow$104,000 Employees2 full, 4 part
FF&E$100,000 FranchiseNo
Inventory$7,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Bar and grill for sale in prime location. First off, the location is a prime corner in the heart of Nassau County. It is a bar with a full liquor license and grill, with full restaurant kitchen. They offer bar seating, as well as booths for dining. In the past year, the business grossed approx. $416,000 in gross bar/grill sales (plus Quick Draw and OTB),generating a net cash flow of approx. $104,000.00. They are currently open seven days, from 11am-4am for lunch and dinner. The location is fully-staffed with two F/T and one P/T in the kitchen, and four P/T wait staff and bar staff. There are 11 years left on the current lease (6 5) at a rent of $5,300/month (incl. CAM and taxes). The main floor is 1,200 sq. ft., and there is a full 1,200 sq. ft. basement with a prep area, walk-in and storage. There has been tremendous new residential apartment construction in the area. The owner has been forced to sell due to a health condition. We are seeking a serious and financially-qualified buyer with at least $185K in liquid funds to cover the downpayment and approx. $10K in rent security. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. kg
Training/Support:Yes
Sale Reason:Other
Ad #103032
Seller Reference #30466
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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