Theme Bar & Restaurant for Sale in NY - 35326 Business Type: bar/tavern/night clubs,must sell/drastic price reduction!,other eating & drinking places,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $660,000 | Down Payment | $660,000 |
Gross Revenues | $2,500,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $700,000 | Number of FT Employees | Register Free to View |
Financing
$660,000 Down and
Business Description
Themed restaurant reduced priced to sell!
Truly Unique Niche Beautiful all New Busy 2500 Square foot.
Free standing restaurant & Bar Great location close to all highways.
Believe it or not it has a 15 year lease with 3 five year options yes a 30 year hard to get lease.
Rent only $7000 per month plus real estate taxes. Total rent with tax $10,300. This all new Build out cost almost $1.8 Built new from the studs up including all new electrical, plumbing.
Fixtures and much too much to list. This niche theme restaurant seats about 100 people.
Seller recently opened and has other business ventures he must attend to.He has not even promoted private parties and catering yet.
Please note that a new owner will be responsible for taking over the kitchen equipment lease which is approx. $100k and ends July of 2027.
Must see to appreciate. Contact Broker Jim Aloi at 631-375-4100. Great Franchise style restaurant.
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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.
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