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Profitable Bar - Restaurant Priced For Quick Sale
Location: United States -> New York -> Other New York -> Nassau County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

This Amazing Well Known Bar and Restaurant is Selling for an Unbelievable LOW Price. This Highly PROFITABLE restaurant and bar is fully updated with several large flat screen TV's and new fixtures. They have been in business for the past 9 years. The maximum capacity for this facility is 180 people. The bar seats 34 and the restaurant area seats about 90 people. They are famous for their steaks and seafood with a fun lively bar area. They have TREMENDOUS Potential to increase their sales revenue. They occupy approximately 4,400 square feet and have a long-term lease which is very reasonable at only $5,900 per month. Their LOW Overhead expenses along with the very LOW Purchase Price make this a very RARE Find on Long Island. It would cost HUNDREDS of Thousands MORE to build this establishment PLUS this business has a long track record of earning $200,000 per year. PRICE TO SELL QUICKLY. Please refer to listing number 2004 when inquiring about this opportunity. Contact for more information on this Bar - Restaurant for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $800,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Other business interests - must sell.




Print Listing Id: 700133514


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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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