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Asking Price$250,000
Revenue$1,490,519 EstablishedUndisclosed
Cash Flow$300,000 Employees2 full, 20 part
FF&E$20,000 FranchiseNo
Inventory$7,500 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Unique Concept Bar and Rest. - Indoor and Outdoor. *PRICE REDUCED*. This business must be visited to be appreciated. It is located in a great N.E. Queens, NY neighborhood and offers 2,100 sq.ft. of space with 75 seats indoor and 95 seats outdoors, weather permitting. It is great for parties and large groups. In the past year the business grossed approx. $1,490,000.00 with a cash flow of approx. $300,000.00. There are 12 years remaining on the current lease at a rent of $4,774/mth. The business is fully staffed with 2 F/T and 20 P/T employees. They offer a full restaurant kitchen, bar, and state of the art POS system. We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the downpayment and 3 months of rent security. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:The seller will train the new owner.
Seller Financing:150,000.00 Down & $100K over 3 yrs. @ 5%
Sale Reason:Divesting.
Ad #99358
Seller Reference #30524
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Melvin L. Vaz
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