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This Business has been Sold!
Closing Date: 03/02/2005
Business for Sale Summary

Bar Restaurant - 3087

Business Type: bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes/ diners
Bar Restaurant
On March 2nd 2005, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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 $235,000 Down Payment $150,000
Gross Revenues $486,308 Lease Remaining Register Free to View
Owner’s Cash Flow $82,262 Number of FT Employees Register Free to View


$150,000 Down and 85000 @ 8% over 36 months

Business Description

Beautiful bar/restaurant located in a sporting complex. Great staff, sales and cash flow. All sales figures stated are minimums backed by computerized register tapes. No guesswork! All records are well kept. Rent is based on sales/profits and was approx. 30k last year. Utilities are 12k/yr fixed. Guaranteed traffic flow! Because rent is based on sales/profits landlord has done an excellent job increasing traffic and sales opportunities. Busy season runs from September through June with slower but steady sales through July and August. Beautiful sports bar/restaurant in busy complex. Total square footage is approx. 4000sq.ft. Capacity is approx 150pp. All equipment and furnishings are owned by landlord who shares in cost of repairs and is responsible for replacement. Approx. 9 years left on lease. License is restaurant beer/wine.

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.