Well Known Bar Open Only 3 Nights Per Week
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $950000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Other business interests.
Description A great opportunity to purchase a bar/night club for sale in a busy Queens bar district. This bar/night club has a rare cabaret license and is generating over 1 million a year in Revenue while only opened 3 day a week. Offering food, live entertainment, dancing, TV's and more, there is potential to significantly grow the bar/nightclub. This 4,500 Square foot location is prime, surrounded by lots of bars and restaurants, this bar has a great space on a busy main street. Current ownership is running the business absentee and has recently updated all the lighting and sound equipment. An owner operator or experienced bar operator should have no challenge propelling sales, cutting costs and growing the clientele base. When inquiring, please refer to listing number 11053.
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