Neighborhood Bar For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $166400
Net Profit / Cash Flow $44523
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Owner is relocating.
Description If you are looking to get into the bar business for the first time this is the place for you. This is a great entry level bar in a great neighborhood. The current owner has been here for 6 years and is now selling because he is moving. He manages the bar only 20 hours per week. A full-time owner could definitely grow this business. This is a good location on a high traffic roadway in a upper middle class South Shore town. In 2007, the owner grossed approx. $166,400.00 with a net of approx. $44,524.00. There is occupancy for 45 and parking on the street in front and in back. There is also a small kitchen for limited baking and frying. The current owner also sponsors 2 dart teams and a softball team. The rent is very low at only $2,100 per month (including water and garbage expenses). Contact now for more information on this Neighborhood Bar for sale.
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