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Business for Sale Summary

Restaurant For Sale in Westchester County, NY - 33132

Business Type: bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes/ diners
Restaurant For Sale in Westchester County, NY
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Financial Information (non-confidential)

General Information
Asking Price $360,000 Down Payment $200,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and $160,000 at 7% for 36 Months

Business Description

This Restaurant/Bar is located with a very beautiful marina and caters to all of the boaters as well as the neighborhood patrons. With both an inside bar as well as a dock side outside bar, this establishment has been serving delicious cold concoctions for over 11 years. Their full food menu and large dining area seats over 50 people and they even have a patio area with more seating. On busy nights, they have done over 400 covers and the well designed kitchen can definitely handle the volume. With dock side parking for boats, this restaurant is well know in the area as a great place to watch the sunset as well as listen to some great live music. The rent is very reasonable at $6,000 per month and there is 14 years left on the lease. The owners want to retire and are very motivated to sell. Please be very discrete when visiting this location since the employees and patrons are not aware of the owners intentions to sell. Please contact Ross Lombardo at 877-735-5224 to book an appointment to see the place.

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.