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Business for Sale Summary [Non-Confidential]

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Nassau County, NY

Business Type: retailing businesses,bar/tavern/night clubs,other eating & drinking places

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Non-Confidencial Financial Infomation

  • Asking Price

    $440,000.00

  • Gross Revenues

    $854,538.00

  • Financing

    $ 264,000.00 Down and Balance at 8% over 60 months

  • Owner's Cash Flow

    $228,849.00

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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

This Well Established, Spacious Sports Bar/Music Venue/Club is located on a busy main street, in a high traffic area of Nassau County, in the parking lot of a train station. It has a large loyal clientele. It offers a combination of a sports bar atmosphere, live music and club. The 3600 sq ft establishment is set up perfectly and is in mint condition. It has a 51%u2019 long bar with 3 stations-24 taps, POS system, dance floor, 14 tables, full kitchen, a brand new 12x12 walk in refrigerator, 15-42%u201D plasma TV%u2019s, a $75,000 sound system which includes a sound booth with DJ equipment, full online surveillance system-16 camera%u2019s, 3 new 10 ton A/C units, private office, shower, coat room and much more. The owner%u2019s other business interests creates this excellent opportunity for the right person. Grossing $780,000 with a net of aprox $178,000. Asking $379,000 with $230,000 down. If you%u2019re looking for a well established bar/club, in a high traffic area then this is a definite must see so inquire now.

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