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Fantastic Bar Steakhouse
Suffolk County, NY |
Listing #5767 |
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| Financial Information (non-confidential) |
| Asking Price |
$340,000.00 |
Gross Revenues |
$767,000.00 |
| Down Payment |
$150,000.00 |
Owner’s Cash Flow |
$177,650.00 |
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Financing: $150,000.00 Down and $190,000.00 @ 8% over 84 months
Reason for Selling:Retirement
Fantastic bar/steakhouse located in a high traffic area of Suffolk County's North Shore. If you are looking for an established bar/restaurant with a loyal following, this is the place for you. The Sellers are asking less than half of the asking price as a downpayment and they are even willing to offer an unheard of 7 year note. What better vote of owner confidence in the sustainability of a business can you find? For over 20 years this establishment had been providing a friendly, welcoming atmosphere for a drink, a bite to eat, or a gathering place for friends. With a DJ 3 night's a week, this business also offers a bit of excitement for your evening as well. This is truly a rare find. Call today for an appointment!
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Melvin L. Vaz
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of MA
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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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
