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Business for Sale Summary

Unique Lounge w/ Live Events in New York - 35927

Business Type: entertainment,illness forces sale!,misc. retail/non-classifiable,misc. service/non-classifiable,other eating & drinking places,owner financing available,bar/tavern/night clubs
Unique Lounge w/ Live Events in New York
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This business has received 93 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $120,000 Down Payment $120,000
Gross Revenues $180,000 Lease Remaining Register Free to View
Owner’s Cash Flow $56,000 Number of FT Employees Register Free to View

Financing

$120,000 Down and Possible for a well-qualified buyer.

Business Description

Unique Lounge w/ Live Events! Price Reduced! Only open 5 days per week for 5 hours per day due to family illness! This is a cozy, comfortable, inviting place to meet, relax, make new friends, and to enjoy incredible music (both streamed and live), including jazz, country, reggae, calypso, pop, R&B, disco, blues, and more. They also offer food through a partnership with the restaurant next door, and wine or beer. Live events include Stand-up Comedians, Trivia Nite, Live Music, Open Mic, Wine Tastings, Professional and Social Networking, Poetry, Psychic Readings, Speed Dating, Plays, and more! They also offer private events. The space is 1,500 sf with a rent of only $2,200/mth. In the past year the business grossed approx. $180,000.00 with an owner’s cash flow of approx. $56,000. We are seeking a serious and financially qualified buyer with at least $120K in liquid funds to cover the down payment. Seller financing is possible for a well-qualified buyer. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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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.