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Business for Sale Summary

Restaurant/Bar In Manhattan - 26651

Business Type: best deals!,new to market,seller financing available,restaurant/ cafes
Owner Financing
 Restaurant/Bar In Manhattan
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Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $650,000
Gross Revenues $1,779,136 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View


$650,000 Down and Seller financing could be available to qualified buyer

Business Description

A PROVEN, PROFITABLE BAR/RESTAURANT - Beautiful, contemporary, operation at the center of an exploding growth area of the City. 1000's of new apartments under construction with commercial office and retail business being planned. This restaurant is a proven winner with outstanding growth potential. Revenue have increased 100% in 4 years. Location is outstanding. You can't get a nicer spot than this. Restaurants and shopping near by. Heavy walk-by traffic, high residential and commercial area. 10 years lease with only a 3% yearly increase Walking distance to all the Broadway shows, yet not in the tourist trap areas around the theaters. Locals love the place, as well as the "trend setters". Front outside seating. Busy later in the evening. Beautiful back yard seating for 75 with year round utilization. Seating for 100 inside, bar seating for 20. "A" rating. Only experienced restaurant operators will pass landlord. Proof of funds will be required. 2015 Tax Returns available, reflecting financial representation.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.