Bar/Tavern Business for Broker in Suffolk County, New York

Business:Bar/Tavern Business for Broker
County, State: Suffolk County, New York
Business Type: Bar/Tavern/Night Clubs, Entertainment, Other Eating & Drinking Places

Summary Description

SUFFOLK COUNTY 2700 SQ FT SPORTS PUB WITH A BEAUTIFUL LAYOUT. TOTALLY REMOLDED AND LOCATED ON ONE OF THE BUSIEST ROUTES IN SUFFOLK COUNTY WITH LOTS OF PARKING LOCATED IN BEAUTIFUL DIX HILLS AREA. PRESENTLY SERVING DAILY LIGHT LUNCH MENU, THIS BUSINESS NOW DOES LIMITED CATERING, BUT HAS LARGE FULL KITCHEN, VIP TYPE ROOM. ON THE WEEKENDS THEY OFFER DJ AND KAREOKEE. THEY ALSO OFFER SPORTS CHANNELS AND DARTS. CATERING TO AN UPSCALE CROWD, OWNER JUST SPENT CLOSE TO $200,000 IN REMODELING AND HAS OTHER INTRESTS. ONE PARTNER IS NOW ABSENTEE. OWNER STATES THAT HANDS ON BUYER WILL IMPROVE BUSINESS. THIS LOCATION ALSO CALLS FOR A DINNER MENU WHICH NOW IS NOT OFFERED. THIS PUB OFFERS QUICK DRAW AND LOTTO AND HAS DINING AREA. ALSO INCLUDED IN SALE IS ATM MACHINE, JUKE BOX, MEGA TOUCH MACHINE AND 3 OTHER GAMES. QUICK DRAW DOES OVER $500,000 YEARLY. CALL BROKER FOR MORE DETAILS.

About the Sale

Asking price: $375,000 (USD)

Financing:$200,000 down and 175000 FOR 36 MONTHS AT 7%

Total Revenues:$684,000 (USD)

Cash Flow:$169,280 (USD)

Reason Selling:OTHER INTRESTS AND 2 NEW CHILDREN

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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.