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Business for Sale Summary

Bar and Grill - 26260

Business Type: delicatessen/catering services,restaurant/ cafes,best deals!,new to market,seller financing available,bar/tavern/night clubs
Owner Financing
Bar and Grill
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Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $255,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$255,000 Down and $240,000 for 5 years @ 7%

Business Description

Upscale Bar & Grill with additional completely separate, catering room for about 120 people which includes separate bar, dance floor and bathrooms. This Fantastic completely updated listing includes 22 beers on draft state of the art large kitchen and prep area, several walk in boxes 2 dinning areas large office,liquor room huge center solid wood bar. There is a 16 year lease its free standing with great parking and landlord will entertain possibly selling real estate. This beautiful clean classy restaurant is located on the South shore In Suffolk and is truly a must see to appreciate. The sales are 70 percent bar, 40 percent tap and beer 30 percent mixed drinks and a 3rd are food sales. Lots of room for growth on the catering and food sales. Full Staff in place seller will train and hold notes Priced to sell with great terms. Do not miss this listing. This Restaurant is 6800 square feet and has a C/O For 250 people. Great place to add entertainment or make catering business larger. Buyer can change menu to almost any menu. Please present proof of funds for $250k minimum Note rent includes tax and cam.

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.