Night Club/Bar Business for Broker in Nassau County, New York

Business:Night Club/Bar Business for Broker
County, State: Nassau County, New York
Business Type: General Merchandise Store, Retail, Retail

Summary Description

Fun .fun…fun. That’s what this unique retail store offers the consumer. A great place to go shopping for gag gifts, lava lamps, the funkiest clocks, and other novelty items. Absolutely no competition as this store has a unique product mix not offered by any one in the state. As you walk in to peruse the store you will see 100 plus products fully armed with batteries to allow you to experience and enjoy the novelties being sold, the unique movements of the clock, the laser shows reflected on unique ornaments for your bedroom, the beautiful colors of the wax in the lava lamps etc.. There will be a trained sales person to come to your aid within seconds from your arrival to introduce you to unique products. This store grosses in excess of $1,000,000 annually and is located in one of the busiest retail markets in Long Island. Business currently operates with minimal owner intervention, affording a new operator increased sales just by his motivated presence. Company does not have a web site

About the Sale

Asking price:$329,000 (USD)

Financing:$150,000 down and 179,000 over 3 years

Total Revenues:$1,146,010 (USD)

Cash Flow:$238,396 (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.