Fantastic Bar and Restaurant in Nassau County - 36482 Business Type: entertainment,misc. retail/non-classifiable,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners,bar/tavern/night clubs
Take Action
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $199,000 | Down Payment | $130,000 |
Gross Revenues | $611,678 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $78,000 | Number of FT Employees | Register Free to View |
Financing
$130,000 Down and $69,000 for 3 years @ 7%
Business Description
Fantastic Bar and Restaurant for sale! Beautifully decorated and maintained, this space is on a major roadway in Nassau County.
They offer Italian American cuisine, live music, events and Happy Hour! The space is approx. 1800 sf with a full kitchen including hood and grill, as well as a full-liquor license.
The space has a 20ft bar along with booths and tables. There is seating for 55 inside and additional outdoor seating.
They offer limited hours, Tu-Th 4pm -10pm, Fri 4pm-11pm, Sat 3pm-11pm, Sun 11am-3pm, Closed Mondays. A new owner can easily extend hours, if desired.
There are 6 years left on the current lease with a rent of $5,626/mth and 3% annual increases. A new owner can keep the current concept of bring in something new.
We are seeking a serious and qualified buyer with some bar-restaurant experience and at least $145k in liquid funds to cover the $130K downpayment and an additional $15K for rent security.
Proof of funds will be requested prior to a buyer-seller conference call or meeting. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com.All meetings must be scheduled by appointment only!
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.
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.
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.
Featured Listing Listing 36076
- Asking Price
$395,000 - Cash Flow
$300,000 - Down Payment
$395,000
Featured Listing Listing 36176
- Asking Price
$85,000 - Cash Flow
$100,000 - Down Payment
$85,000
- Asking Price: $485,000
- Cash Flow: $142,337
- Down Payment: $385,000
- Asking Price: $1,300,000
- Cash Flow: $480,000
- Down Payment: $1,000,000
- Asking Price: $260,000
- Cash Flow: $110,000
- Down Payment: $260,000
- Asking Price: $115,000
- Cash Flow: $0
- Down Payment: $115,000
- Asking Price: $140,000
- Cash Flow: $78,000
- Down Payment: $140,000
- Asking Price: $199,000
- Cash Flow: $150,000
- Down Payment: $0
- Asking Price: $280,000
- Cash Flow: $100,000
- Down Payment: $280,000
- Asking Price: $695,000
- Cash Flow: $250,000
- Down Payment: $400,000
- Asking Price: $90,000
- Cash Flow: $45,000
- Down Payment: $60,000
- Asking Price: $99,000
- Cash Flow: $54,000
- Down Payment: $99,000
- Asking Price: $225,000
- Cash Flow: $150,000
- Down Payment: $225,000
- Asking Price: $85,000
- Cash Flow: $75,000
- Down Payment: $85,000
- Absentee business
- Accounting/payroll/tax
- Adult homecare assisted living
- Advertising/ printing
- Agents/brokers
- Agricultural supplies
- Amusement parks/arcades/recreation
- Apparel and accessory store
- Art galleries
- Art/mirror/framing retail
- Assets only sale
- Auto body/collision repair
- Auto repair
- Auto/truck mechanical repair
- Automotive dealers/ auto retail
- Bagel stores