Cocktail Lounge Pool Hall
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $580000
Net Profit / Cash Flow $241445
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Personal.
Description This is a up scale restaurant, bar and billiard club centrally located in Long Island They offer a full menu with a wide Variety of appetizers. There is a lounge area with a cozy fireplace and comfortable sofas. It offers multiple large screen TV's for viewing sporting events. There beautiful bar features granite and brick with comfortable bar seating. They also host Pool player Associations tournaments & pool leagues. This profitable listing brings Manhattan style to Long Island in a way you would have to experience it in order to fully appreciate it. Great place to welcome your family or a friends for a warm and inviting good time or catered affair.This Is truly one of the nicest of its kind.Please note this is a very up scale hi end establishment. Seller opens late and closes early & does no advertising at all and does not to much promoting seller has full time professional job and runs business semi absentee. Buyer can open more hours and work hands on and earn more income. This is a rare gem and should not be overlooked. Please not they have a great lease great landlord little increases, They have a spacious parking lot super location and have satellite. This build out cost over $750,000. Low overhead low food cost. Contact broker Jim Aloi For appointment proof of funds required.
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