Profitable Bar - Restaurant Priced For Quick Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $800000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 20 - 34
Inventory $100,000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Reason for Sale Other business interests - must sell.
Description This Amazing Well Known Bar and Restaurant is Selling for an Unbelievable LOW Price. This Highly PROFITABLE restaurant and bar is fully updated with several large flat screen TV's and new fixtures. They have been in business for the past 9 years. The maximum capacity for this facility is 180 people. The bar seats 34 and the restaurant area seats about 90 people. They are famous for their steaks and seafood with a fun lively bar area. They have TREMENDOUS Potential to increase their sales revenue. They occupy approximately 4,400 square feet and have a long-term lease which is very reasonable at only $5,900 per month. Their LOW Overhead expenses along with the very LOW Purchase Price make this a very RARE Find on Long Island. It would cost HUNDREDS of Thousands MORE to build this establishment PLUS this business has a long track record of earning $200,000 per year. PRICE TO SELL QUICKLY. Please refer to listing number 2004 when inquiring about this opportunity. Contact for more information on this Bar - Restaurant for sale.
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