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Business for Sale Summary

Established Bars For Sale in Westchester County,NY - 30465

Business Type: retailing businesses,bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes
Owner Financing
Established Bars For Sale in Westchester County,NY
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Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$500,000 Down and

Business Description

Two restaurants- completely renovated and remodeled, side by side, for sale. Stores are located on the center of a busy block that hosts over ten other busy bar/restaurants, and is a destination area for nightlife bar hoppers. All bar/restaurants do excellent business year-round on this block. Metro North Train is only two blocks away. Lots of new residential buildings currently been built only one block away, and the population is growing fast. Long lease remaining. Over 8,000 sq. ft. with both stores combined, Back Yard Beer Garden, and two separate outdoor Cafés during the warmer season. Just under 400-person occupancy, combined. Both bar/restaurant's have a private party room area. Many municipal parking lots directly across the street, and one multi-level parking lot at the rear of the building, beginning at the property exit. Hardwood floors and modern, trendy bathrooms. Kitchen fully-equipped, and all equipment owned. Sixteen electronic pull-down big screen TVs for sporting events, and 20 plasma TVs for regular TV viewing, for a more relaxed ambience. Online take-out delivery service. Full-sized basement, and large storage room with two walk-in freezers and four walk-in coolers for food and beer. Two private manager offices. Micros Positouch System with 12 terminals, combined. Staff lockers and private bathroom. Completely up to city and state code. Sprinkler and fire-monitoring systems, hooked up to the local fire station by a fire alarm monitoring system. Renewed, up-to-date Health Department food seller's permit. Established social media accounts, with tens of thousands of built-in local followers. This is a turn-key operation. Both restaurants have been established for 12 to 15 years, and are both popular with the local community. Owner has other restaurants and not enough time to grow all stores to their maximum potential, so these stores are priced for a quick sale: 250k, each, or 500k for both, combined.

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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.