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This Business has been Sold!
Closing Date: 06/28/2018

Business for Sale Summary

Bar Pub For Sale In Nassau County, NY - 30901

Business Type: bar/tavern/night clubs,other eating & drinking places,other food stores,restaurant/ cafes
Sold
Bar Pub For Sale In Nassau County, NY
On June 28th 2018, The Undersigned
Acted as the Advisor to the Deal
Joseph DeGaetano
Joseph DeGaetano Senior Broker
Servicing: Nassau County NY, New York County NY, Queens County NY, Suffolk County NY
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 $125,000 Down Payment $60,000
Gross Revenues $182,000 Lease Remaining Register Free to View
Owner’s Cash Flow $78,000 Number of FT Employees Register Free to View

Financing

$60,000 Down and $65,000 at 5% over 36 Months

Business Description

This bar is located in a beautiful area of Nassau County, NY. This business is being sold strictly because of health reasons from the seller. It is being run absentee. Business is grossing $182,000 a year, with an owners cash flow is $78,000 a year. The store is 2,000 sq. ft. and has a great lease of $2,200 a month, with 8 years remaining on the current lease plus a 5 year option. This bar pub has a full kitchen and has a nice bar pub menu. This business has a tremendous potential. The night owner who knows what their doing, should be able to increase this business greatly. This is a deal and a half. Owner is asking only $125,000 with $60,000 down. This one is a no brainer. Hurry up and buy yourself a great business. Business has 6 part time employees and one full time employee. Please contact the broker at 1-877-735-5224.

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.