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Financing: $130,000.00 Down and $69,000 for 3 years @ 7% Reason for Selling:Moving. Fantastic Bar and Restaurant for sale! Beautifully decorated and maintained, this space is on a major roadway in Nassau County.
They offer Italian American cuisine, live music, events and Happy Hour! The space is approx. 1800 sf with a full kitchen including hood and grill, as well as a full-liquor license.
The space has a 20ft bar along with booths and tables. There is seating for 55 inside and additional outdoor seating.
They offer limited hours, Tu-Th 4pm -10pm, Fri 4pm-11pm, Sat 3pm-11pm, Sun 11am-3pm, Closed Mondays. A new owner can easily extend hours, if desired.
There are 6 years left on the current lease with a rent of $5,626/mth and 3% annual increases. A new owner can keep the current concept of bring in something new.
We are seeking a serious and qualified buyer with some bar-restaurant experience and at least $145k in liquid funds to cover the $130K downpayment and an additional $15K for rent security.
Proof of funds will be requested prior to a buyer-seller conference call or meeting. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com.All meetings must be scheduled by appointment only!
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |