Financing: $110,000.00 Down and
Reason for Selling:Selling due to health reasons
Long Island. 3,500 Sq. Ft. bar & grill with another connecting 1,000 Sq. FT building, for parties and catering.
Both have private patios. The bar has 22 taps and 3 walk-ins, full kitchen, 11 TVs and 2 55 inch TVs in the party room.
This bar comes with an incredible camera system, with 32 cameras. The bar also has a brand new heating system and POS system.
The bars monthly rent is only $7,500 which includes building insurance and has a great lease for 10 years plus 5-year option.
The gross revenue is $500,000 annual plus income from OTB, Lotto, and games.
After all, expenses are paid, the net cash flow is $105,000 per year plus income from OTB, Lotto, and games.
Seller is selling due to health reasons.
This is truly a great opportunity for a new owner. Please contact Jim Aloi broker at 1-877-735-5224.
NOTE PRICE WAS REDUCED AND IS FIRM NOTHING LESS CONSIDERED
POINT OF SALE NOT INCLUDED IN THIS PRICE.LANDLORD SELLER WILL GIVE ATTRACTIVE LEASE AND FIRST OPTION TO BUY REAL ESTATE
buyer must put up 2 months security and one months rent
inventory dollar for dollar.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
