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Asking Price$199,000
Revenue$599,079 EstablishedUndisclosed
Cash Flow$132,681 Employees15 part-time
FF&E$125,000 FranchiseNo
Inventory$15,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Beautiful Manhattan Style Bar and Nightclub just minutes from Manhattan (in Northern Queens). Very high end finishes and NYC vibe. It must be seen to be appreciated. They are only open weekends and one weeknight and generated approx. $650,000.00 in gross sales in 2012 with a net income of approx. $132,681.00. The current owner recently renovated this location. They offer two bars, dj booth, and state-of-the-art sound system throughout. It is 1,375 sq. ft. There are bathrooms, coat check and plenty of storage in the basement. There is street parking as well as valet service. The business has a 15 year lease. It is a great location with a great reputation. The current owner has been here for 10 years. There is no kitchen currently, but all of the gas and venting are present (there had been a kitchen here many years ago). This location is priced to sell and will not last. We are looking for serious buyers with some bar/nightclub experience and at least $200K in liquid capital. Call or email Mel Vaz today to learn more at 877-735-5224
Training/Support:Seller will train.
Seller Financing:$120,000.00 Down and $124K over 3 yrs. @ 6%.
Sale Reason:Looking to move on to another business.
Ad #49898
Seller Reference #23797
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Melvin L. Vaz
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