Gorgeous American Bar & Grill - 22429 Business Type: bar/tavern/night clubs,restaurant/ cafes/ diners,other eating & drinking places,must sell/drastic price reduction!,business with property available,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $250,000 | Down Payment | $250,000 |
| Gross Revenues | $958,526 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $182,273 | Number of FT Employees | Register Free to View |
Financing
$250,000 Down and or Best Reasonable Offer!
Business Description
***PRICE REDUCTION. CURRENTLY CLOSED.*** Gorgeous American Bar & Grill with property in an affluent Nassau County town. This beautifully appointed space offers 3500 sq. ft. of space including a full 3,500 sq.ft. basement and fully equipped kitchen. There is even a private room for parties. They have a phenomenal lease with 8 years remaining plus two 5 yr. options. 18 years! In the past year the business grossed approx. $1,040,000.00 with a Net Income of approx. $182,000.00. The seller is flexible and motivated due to several other projects that he has underway. The property is available through the landlord for an additional $1.499 million. We are looking for a serious and experienced buyer with liquid capital to cover the down payment, deposits, working capital, inventory, etc. If you meet this criterion, please call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.
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.
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