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Business for Sale

Spacious Neighborhood Bar for sale in Long Island
Nassau County, NY

Listing #34105

   
Financial Information (non-confidential)
Asking Price $150,000.00 Gross Revenues $365,000.00
Down Payment $150,000.00 Owner’s Cash Flow $86,000.00

Financing: $150,000.00 Down and

Reason for Selling:personal

A famous neighborhood bar is located in a very populated area on Long island. Rent is $3300 a month. The bar is spacious, with the seating arrangements, and also with a commodious backyard, along with the seating arrangements, creates a perfect opportunity for the social and birthday parties. Also has an established kitchen, with the cooking facilities.Has lotto, a gaming machine, a jukebox, an ATM, which earn enough cash to pay almost the rent. The bar has 6 bartenders, who are willing to stay with a new owner. The business has a state-of-the art security system .The seller is willing to stay until a new owner becomes well-conversant with the business. The seller, due to personal reasons, wants to sell this business. The seller's net cash flow, after paying all the bills, is over $85,000 a year. Call Syed at 631-374-7686 for more information.

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 registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Syed Ahmed
Senior Business Broker
631-374-7686
sahmed@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Syed Ahmed

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.

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