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Business for Sale Summary

Landmark Pub & Grill for sale in NY - 33838

Business Type: misc. retail/non-classifiable,other eating & drinking places,restaurant/ cafes/ diners,bar/tavern/night clubs
Landmark Pub & Grill for sale in NY
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This business has received 30 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $199,000
Gross Revenues $1,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$199,000 Down and

Business Description

Landmark Sports Pub & Grill in High Traffic Area. Closed due to Covid 19. Giveaway Opportunity Sale. This business is located on the busiest strip in northern Queens. It is a rare find. If you get in now, you will be able to ride the recovery wave. It is 1,500 sq. ft. with a full bar, kitchen and basement. All newly renovated. In fact, there is a lounge area in the back. In the most recent full year of operations the business grossed approx. $1,000,000.00 with a cash flow of approx. $175,000.00. The current lease term is negotiable. It can be extended for only a qualified buyer. The current rent is $8,000/mth. We are seeking a serious and financially qualified buyer with at least $225K in liquid funds to cover the down payment and rent security. The landlord will not accept a tenant without bar-restaurant management experience. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.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!

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.

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.