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This Business has been Sold!
Broker: Jim Aloi
Business for Sale Summary

Bar & Restaurant - 22382

Business Type: bar/tavern/night clubs,other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes/ diners,assets only sale
Sold
Bar & Restaurant
On , The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $75,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$75,000 Down and Cash

Business Description

Western Nassau County Well known 1800 sf bar-pub restaurant Was established since 1960 recently & presently closed. Seller landlord will offer this listing to a a good operator at a reasonable under market rent as long as they are willing to pay $90k for key sale includes fully equipped turn key business also includes separate attached area with large parking area 3 large garages and separate 400sf store. Great area for parking separate business storage, valet parking, outdoor seating, Ralph's ices? Bring your ideas it gets better rent for everything mentioned only$4k monthly buyer pays fifty percent of taxes which will be $1000 per month and fifty percent of oil heat only seller will offer 7 year lease with 5 year option 12 years at reasonable increases. Second floor above bar can be also available if buyer wants to add second floor catering room additional seating or use as 5 room apartment for a additional $1500 per month. This listing has a ton of possibilities the sky is the limit. Buyer can also change menus or add brick oven pizza if wanted. This will be leased fast - do not delay... Contact Broker Jim Aloi Landlord seller wants 3 months rent security and first months rent. For a little over $100k buyer takes all...Located on very desirable & busy route in fantastic busy area great for any use Irish pub, restaurant, sports bar - bring your ideas. asking $75k for key listing 22382

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.