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Business for Sale Summary

Trendy Bar for Sale in Suffolk County, NY - 31302

Business Type: bar/tavern/night clubs
Owner Financing
Trendy  Bar  for Sale in Suffolk County, NY
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This business has received 38 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $125,000
Gross Revenues $349,600 Lease Remaining Register Free to View
Owner’s Cash Flow $112,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and 100000 at 6 % over 60 months

Business Description

Location, Location, Location! This business is located on one of Long Island top busy roads, know for its restaurants bars theaters and both day and night life. This is a craft beer and wine bar only. It does not sell liquor, which leads us to the POTENTIAL of this Business. Bar is grossing 549600. Owners cash flow after everything is paid is 112000. Store is 4000 square feet with an outside, and full basement. THIS BAR HAS NOT MET ITS FULL POTENTIAL, a new owner who can obtain a full liquor beer and wine license and bring in live entertainment to compliment the scenery will generate a tremendous amount of success. This bar must be seen in person. Please call Joe Degatano at 1-877-735-5224

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.