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Business for Sale Summary [Non-Confidential]

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Westchester County, NY

Business Type: retailing businesses,bar/tavern/night clubs,liquor store/ wine

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $400,000.00

  • Gross Revenues

    $293,600.00

  • Financing

    $ 139,000.00 Down and $261,000 to be financed over 60 months at prevailing rate

  • Owner's Cash Flow

    $144,140.00

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Business Description

Popular nightclub in up-and-coming Westchester town. One of two in county approved for cabaret. The club has been in this location for 40 years. Occupancy of 200. Draws from a big customer base that includes Queens and Connecticut. Very busy on weekends. Seller did club build-out and owns everything but the building. Has expediter to work with new owner on license/liquor authority. Eight years left on the current lease with an option for 5 more. There is much new development and construction in this area that is sure to make this business even more profitable.

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