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Business for Sale Summary

Caribbean Restaurant in Bronx County, NY - 31340

Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners,bar/tavern/night clubs
Owner Financing
Caribbean Restaurant in Bronx County, NY
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This business has received 127 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $250,000
Gross Revenues $804,457 Lease Remaining Register Free to View
Owner’s Cash Flow $120,668 Number of FT Employees Register Free to View

Financing

$250,000 Down and 100K at 7% for 36 months

Business Description

This Bronx County Bar and Lounge is searching for a new dedicated owner. Located in a diverse community, this restaurant currently serves Jamaican, Trinidadian, Guyanese, African, Mexican, and Dominican food with a flair. The current owner is too busy with other businesses. Full liquor license. Currently open 7 days per week. Monday - Thursday 11 am to 9 pm, Friday and Sat 10 am to 1 am (take out after 10pm). Pre-covid they were open till 4am because of the bar. There is also a full basement with prep stations for baking. All baking mixers are in basement for baking bread and pastries. The basement is the same size of the entire first floor, has a walk in cooler and freezers. Also, there is an office space and extra private bath for owner. There is also an outdoor seating area with over 50 seats. We are seeking for a serious and finically qualified buyer with at least $250K in liquid capital. Proof of funds will be required before any buyer-seller calls or meetings will be scheduled. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All meetings must be scheduled by appointment only!!

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