Bar Catering Grill And Lounge
Location New York,United States
Asking Price Range < $250K
Gross Revenues $535000
Net Profit / Cash Flow $108830
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1940
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description East End well known 6,500 square foot free standing Bar, Grill & Catering business for sale. Low Rent and great lease. Absentee seller needs hands on buyer or strong partner with a lot of experience. This bar & Restaurant is established for 70 years and is located on Major route with super visibility. Broker feels this Bar can triple its present sales with good catering, promotion and better menu. Rent is under $10 a foot. Come bring your ideas, the sky is the limit, must see! Includes 2 catering rooms, dining room, bar, lounge area, fireplace and large kitchen with 2 walk-in boxes. Hands on owner with cooking experience can also greatly cut payroll. Seller has $375,000 invested in this business.
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