East End Bar & Restaurant For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $239000
Net Profit / Cash Flow $60284
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1973
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Other interests.
Description East End Seasonal 2,400 square foot profitable Restaurant and Bar for sale. This well known hot spot is established 35 years & only open 80 days per year. This small multi level business offers 2 bars, a dining room plus outside seating. They serve Breakfast on the weekends as well as a limited menu. They cater to a family crowd for food and a younger drinking crowd. Food and bar areas are separate. Most expenses are based on a 3 month period. Mostly absentee seller has other interests and will hold notes. Hands on owner who will work and promote business will do much better. Net $60,000 in less than 90 days!
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