Business for Sale Summary
Trendy Bar for Sale in Suffolk County, NY - 31302
Business Type: bar/tavern/night clubs
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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.
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