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This Business has been Sold!
Closing Date: 09/27/2011
Broker: Rafael Felix

Business for Sale Summary

Bar and Restaurent - 18228

Business Type: retailing businesses,bar/tavern/night clubs,restaurant/ cafes
Sold
Bar and Restaurent
On September 27th 2011, The Undersigned
Acted as the Advisor to the Deal
Rafael Felix
Rafael Felix Senior Broker
Servicing: Fairfield County CT, Philadelphia County PA, Bergen County NJ, New York County NY
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.

Financial Information (non-confidential)

General Information
Asking Price $310,000 Down Payment $310,000
Gross Revenues $548,000 Lease Remaining Register Free to View
Owner’s Cash Flow $247,778 Number of FT Employees Register Free to View

Financing

$310,000 Down and

Business Description

For a quick sale, the seller is looking to offer once in life time deal - Bar and grill established for 8 years. Most of his sales coming from the bar, great for a potential buyer looking to increase the revenues by adding to the menu. The lease has 9 more years and exceptional low rent of 7,000 per month for the next 9 years. Prime location, must see.

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.