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Business for Sale Summary

Restaurant and Bar - 21621

Business Type: bar/tavern/night clubs,other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes
Restaurant and Bar
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Financial Information (non-confidential)

General Information
Asking Price $575,000 Down Payment $275,000
Gross Revenues $1,417,226 Lease Remaining Register Free to View
Owner’s Cash Flow $198,491 Number of FT Employees Register Free to View

Financing

$275,000 Down and 300k @ 7% over 60 months

Business Description

Very popular American restaurant and bar. This business has been established for 43 years and is located in a prime high traffic area in a shopping center in an upscale community. Currently has 154 seats The owner is retiring and willing to negotiate. Seller financing with 275k down and 300k @ 7% over 60 months. For more information on this business please call Nathan Goldstein at 1877-735-5224 or 631-265-7300.

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.