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College Sports Bar & Grill For Sale in NYC

New York County, New York, United States
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Asking Price$500,000
Revenue$1,100,000 EstablishedUndisclosed
Cash Flow$250,000 Employees5 full, 9 part
FF&E$80,000 FranchiseNo
Inventory$33,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Right across the street from a major NYC university and its dormitories, this Sports Bar & Grill with Full Liquor License packs them in almost every night during the school year. There are 17 years left on the lease, inclusive of options. 70% of sales are on credit card. Open 11am-2am Sunday-Thursday and 11am-4am Friday-Saturday. A separate entertainment room accommodates events Saturday nights and the overflow of customers during football season. 16 beers on tap, 10 by the bottle. The food menu was just upgraded under a new chef. Very little competition in the immediate neighborhood. Built from scratch two years ago, one of the founding partners recently passed away and the other two now need to sell as they each have full time jobs away from this sports bar & grill. Please come check out this College Sports Bar & Grill. Come the end of August, school will be back in session and this place will be mobbed. Please call 1-877-735-5224 for further information.

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Training/Support:The seller will train the new owner.
Seller Financing:400,000.00 Down & The seller will finance $100K at 6% over 24 months
Sale Reason:One of the founding partners recently passed away and the other ones now need to sell.
Ad #81027
Seller Reference #28197
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Contact This Seller
Jay Goldman
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