Bar Business for Broker in Suffolk County, New York

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

Summary Description

Suffolk county 2200 sq ft free standing family type bar and grill with parking for 25 cars. Located on main route with great exposure. This completely remodeled and exceptionally clean establishment has bar and three seperate dining areas, plus dj booth and dancing for the weekends. They offer quick draw, lunch and dinner, including burgers, pasta, seafood, steaks and wraps. Includes full basement with storage, walk-in box, liquor room and small office. In addition to basement it also has an outside utility building for storage and beer. Sales are presently 75% liquor and beer. Established 30 years and presently owned by investor, seller one year. Seller has no previous bar and grill experience and is paying to much payroll. Hands on operator can greatly increase bottom line by building up the lunch and dinner crowd. Property also available for an additional $750,000.00. $$$Now Hiring Brokers in NY, call 1-877-735-5224!!!

About the Sale

Asking price: $300,000 (USD)

Financing:$150,000 down and 150000 FOR 60 MONTHS AT 7%hs

Total Revenues:$658,400 (USD)

Cash Flow:$139,740 (USD)

Reason Selling:N/A

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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.