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This Business has been Sold!
Closing Date: 05/20/2016

Business for Sale Summary

Popular Bar For Sale - 28159

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes,bar/tavern/night clubs
Sold
Popular Bar For Sale
On May 20th 2016, The Undersigned
Acted as the Advisor to the Deal
Joseph DeGaetano
Joseph DeGaetano Senior Broker
Servicing: Nassau County NY, New York County NY, Queens County NY, Suffolk 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 $150,000 Down Payment $75,000
Gross Revenues $480,000 Lease Remaining Register Free to View
Owner’s Cash Flow $110,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and 75,000 at 5% over 5 Yrs.

Business Description

Five star pub-Features full kitchen, dining and catering room, DJ booth, private office, sound system, OTB and lottery terminals, 30 TV's for sports, horse racing and lottery games. The business is a spacious 2700 square foot bar and has been in this locations for over 40 years. A beautiful free standing building and everything in excellent condition. Great food, craft beer and spirits, great music and gambling too. What more could anyone want? This business will not last. The potential here is unlimited. Please call 1-877-735-5224 for further information.

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.