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This Business has been Sold!
Closing Date: 03/05/2012

Business for Sale Summary

Waterfront Restaurant Bar Opportunity - 20767

Business Type: special situations,distressed sales!,assets only sale,retailing businesses,other eating & drinking places,other food stores,restaurant/ cafes,misc. retail/non-classifiable
Sold
Waterfront Restaurant   Bar Opportunity
On March 5th 2012, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
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 $29,000 Down Payment $29,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$29,000 Down and Cash

Business Description

Waterfront Restaurant-Bar Opportunity in a great location on Nassau County's South Shore. This is NOT a currently operating business. It is a fully equipped location with 2 bars (indoor and outdoor), full kitchen (with updated Ansul System) and seating for 70 (52 seats indoor and 20 in an outdoor bar/deck area). It is 2,100 sq. ft. total with a rent of $4,500/mth for a 5 year lease (plus a 5 year option). You would be buying directly from the landlord. He is looking for $50K in key money for the fully equipped space. All potential buyers MUST have restaurant experience (be prepared to provide a resume and references) and good credit. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.

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.