Caribbean Restaurant in Bronx County, NY - 31340 Business Type: restaurant/ cafes/ diners,bar/tavern/night clubs
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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
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 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 a newly built outdoor seating area to address Covid concerns with over 50 seats. The landlords legal department had to update lease to include this new area.
As Easy as taking down the sign, changing the name and turning the key! This Bronx County Bar and Lounge is searching for a new
dedicated owner.Located in a vast demographic community this Restaurant currently serving Jamaican, Trinidadian, Guyanese, African, Mexican, and
Dominican food with a flair. Bar is only open Thursday to Sunday. Opening the bar for more nights and adding outdoor seating will increase the profits of this restaurant . Current
owner is to busy with other businesses please contact the broker at (877) 735-5224 for more information.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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