Bar/Restaurant Business for Broker in New York County, New York

Business:Bar/Restaurant Business for Broker
County, State: New York County, New York
Business Type: Bar/Tavern/Night Clubs, Restaurant/Cafes, Retail

Summary Description

Highly profitable,( well known, trendy), bar restaurant in fast growing section of Manhattan. Near Javitz Center, new proposed Jets Stadium, waterfront development. Near mass transit and parking. High penetration of both comm. businesses and residential units. High traffic area. Special opportunity for serious buyer.

About the Sale

Asking price: $1,500,000 (USD)

Financing:$750,000 down and 7yrs. @7%

Total Revenues:$1,382,488 (USD)

Cash Flow:$611,307 (USD)

Reason Selling:new biz venture requires funding

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.