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Asking Price$200,000
Revenue$0 EstablishedUndisclosed
Cash Flow$0 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Upscale Bar & Grill near LIRR. This beautifully appointed restaurant offers 2500 sq. ft. of space including a full basement and fully equipped kitchen. Location is currently only open from 4pm - midnight. There is huge upside with extended hours and adding lunch. They have a unbeatable lease agreement with 9 years remaining plus a 5 yr. option. 14 years! The rent is $5,800/mth. (incl. taxes and maintenance). The utilities average $1,500/mth. There is a huge municipal parking lot with over 500 spaces. The owner built the place himself just 8 months ago. All furniture, fixtures and equipment are practically new. The build-out alone cost the owner over $350K. In the past eight months the business has been averaging $10k/wk. in sales being run absentee. The seller is motivated due to another other project that he has underway. We are looking for a serious and experienced buyer with at least $200K in liquid capital to cover the down payment, deposits, working capital, inventory, etc. If you meet this criterion, please call or email Mel Vaz. For More Information Contact Your Local Vested Business Broker, Mel Vaz, at 1-877-735-5224.
Training/Support:Seller Will Train
Seller Financing:Negotiable
Sale Reason:Other Pursuits
Ad #44916
Seller Reference #23295
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Melvin L. Vaz
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