Business for Sale

 Buy A Business
Business for Sale Summary [Non-Confidential]

« Back to Previous Page

ID:20740

Great Lounge

Kings County, NY

Business Type: retailing businesses,bar/tavern/night clubs

Recorded Info
Print

PhotoGallery

Non-Confidencial Financial Infomation

  • Asking Price

    $499,000.00

  • Gross Revenues

    $516,000.00

  • Financing

    $ 499,000.00 Down and TBD

  • Owner's Cash Flow

    $323,577.00

FREE MEMBER REGISTRATION
Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Very profitable Lounge netting over 300K located on the main avenue. This area continues to grow, once the NY Nets arena is built, according to the seller revenues should double. Comes with a great lease 9 years and a 5 year option with low rent. The lounge offers a variety of entertainment, from comedy night, karaoke, open mic and DJ.

vbb