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Business for Sale Summary

Great Bar/Pub -1200 sq. ft. - 25571

Business Type: retailing businesses,entertainment,other eating & drinking places,special situations,best deals!,new to market,seller financing available,bar/tavern/night clubs
Owner Financing
Great Bar/Pub -1200 sq. ft.
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This business has received 147 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $100,000
Gross Revenues $166,400 Lease Remaining Register Free to View
Owner’s Cash Flow $62,400 Number of FT Employees Register Free to View

Financing

$100,000 Down and $65k over 4yrs. @ 7%

Business Description

Great Bar/Pub in Nassau County. Ideal for a first time bar buyer or any owner/operator. The space is beautifully finished and needs no updating at all. It is a 1,200 sq. ft. location with a basement and space for a kitchen. There is no formal kitchen right now, but there is a microwave, convection oven and prep area. Occupancy is 75, but the space can hold up to 180. They are currently open 7 days from 1pm - 2am. There are 8 yrs. remaining on the lease. It must be seen to be appreciated. Sales were approx. $166,400.00 in the past year with a net income of approx. $62,400.00 This location is priced to sell. We are looking for serious offers. Please call or email Mel Vaz today to learn more at 631-909-1095 or melvaz@vestedbb.com.

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.