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Business for Sale Summary

Bar and Restaurant in Richmond County, NY - 33045

Business Type: bar/tavern/night clubs,catering and event planning,must sell/drastic price reduction!,other eating & drinking places,restaurant/ cafes/ diners
Owner Financing
Bar and Restaurant in Richmond County, NY
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This business has received 57 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
Gross Revenues $1,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $335,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and

Business Description

Here is a chance to get involved with an owner of a very well established profitable restaurant & bar business. Owner is seeking a 250k to 500k strategic investment partner to invest in the growth of this restaurant as well as some other locations that the current owner is opening. The main restaurant location is a happening 6,000 SQFT restaurant with 227 seats plus another 50 at the bar with additional space for parties and events and is located in a classy area near a busy train station and has 17 years left on lease with an option to extend. Come see the beauty and success of this restaurant and get involved with a great opportunity for further expansion. Please contact estiefel@vestedbb.com for more information.

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.