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This Business has been Sold!
Closing Date: 04/04/2017
Broker: Bryn Jones

Business for Sale Summary

Bar/Tavern - 28090

Business Type: other eating & drinking places,restaurant/ cafes,best deals!,new to market,bar/tavern/night clubs
Sold
Bar/Tavern
On April 4th 2017, The Undersigned
Acted as the Advisor to the Deal
Bryn Jones
Bryn Jones Senior Broker
Servicing: New York County NY, Westchester County NY, CT
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 $525,000 Down Payment $0
Gross Revenues $1,093,500 Lease Remaining Register Free to View
Owner’s Cash Flow $255,500 Number of FT Employees Register Free to View

Financing

$0 Down and TBD

Business Description

"Superstar" bar/restaurant! At the heart of one the hottest streets/areas in the county.Exploding revenue growth. Near all the action from a high traffic entertainment center, yet far enough away from the hectic crowds to attract the local patrons and families. Recently renovated, Seats 60, 9 at the bar, new permit for 30 seats for al fresco dining which will, dramatically, increase revenues over the warmer spring, summer and fall months. Great, below market lease: 9 years remaining and 5 year option. Fully equipped kitchen, full basement, newly installed, state of the art, beer cooling system for 14 draft beers on tap. 3 large walk-in cooler/freezers, full prep kitchen. Much, much more. Outstanding opportunity. Must see to appreciate. Proof of Funds will be requested. Please contact the listing broker, at 1-877-735-5224.

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.