Bar & Grill Downtown NYC. *PRICE REDUCTION* 1am liquor license. This is a very popular pub/rest./sports bar that needs an owner/operator. The current owner has spent the past 6 years building this business. In the past year the business grossed approx. $625,000.00 (70% bar and 30% food) with a net cash flow of approx. $101,000.00. The location does have a full restaurant kitchen. THE OFFER NO FOOD DELIVERY OR BRUNCHES. Although the business is high profitable, it would do even better with someone hands on. There are 7 yrs. left on the current lease, but a new 10 year lease can be obtained. The total rent is $10K/mth with 3% annual increases for a 1,000 sq. ft. space with a 600 sq ft. bsmt. The landlord will require a 3 mth. rent security deposit. We are seeking a serious and financially qualified buyer with at least $179K in liquid funds to cover the downpayment and deposits. If you meet the criteria, please call 1-877-735-5224. PLEASE VISIT THE LOCATION DISCREETLY AND DO NOT MENTION THE SALE TO THE STAFF!.
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.