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Asking Price$475,000
Revenue$612,246 Established2006
Cash Flow$192,421 Employees9 full, 6 part
FF&E$185,000* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Waterfront Bar and Restaurant - South Shore. UNSCATHED DURING SUPERSTORM SANDY! Here's your chance to own one of only two waterfront restaurants in the area. With 140 seats including inside and outside decks, this is the largest place in the area. There are an additional 25 seats at the bar. The business is seasonal, open for 6 months, closed for 6 months. The building is only 6 years old and comes with an 11 year lease at only $4,583 for 3,000 sq. ft. on the water. In 2012 the business grossed aprrox. $670,000.00 with a Net Income of approx. $192,421.00. We are looking for serious and financially qualified buyers with at least $350K in liquid capital and some bar/restaurant experience. Call or email Mel Vaz today to learn more at 1-877-735-5224 or mvaz@vestedbb.com.
Training/Support:seller will train
Seller Financing:$299,000.00 Down and $176K over 5 yrs. @ 6%
Sale Reason:Partnership Dispute
Ad #50861
Seller Reference #22918
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Melvin L. Vaz
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