Financing: $65,000.00 Down and $34K over 3 yrs. @ 6%.
Reason for Selling:Owner has moved out of the country.
Great Bar & Grill w/bsmt. The owner spent considerable time and money designing this location with great attention to detail. They are observant of covid regulations. It is a great local restaurant offering burgers, fries, beer/wine, a friendly atmosphere and great customer service. It has all that a restaurateur would look for, low rent ($4,000/mth), 1,200 sq. ft., plus a 150 sq. ft. yard
a large kitchen with full grill and hood and a finished prep basement of 600 sq. ft. You can come in today and operate without having to spend a penny on upgrades/repairs.
The menu can be expanded to add daytime service, weekend brunch, etc. They are currently open Thursday - Sunday 4PM - 11PM. Closed Mon-Wed. There 4 years remaining on the lease with 4% annual increases.
The business currently operated on an absentee basis as the owner has moved out of the country. In the past year the business grossed approx. $300,000.00. This location needs an owner/operator to really grow. The current payroll is approx. 30% of gross sales.
We are seeking a serious and financially qualified buyer with at least $75K in liquid funds to cover the down payment and rent security. To learn more, please call or email Mel Vaz today at 631-909-1095 or email@example.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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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.