Upscale American Bar & Grill For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1200000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 20 - 34
Inventory 250000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Yes
Reason for Sale Other commitments
Description Beautifully fully built out Turn-Key American Bar & Grill for sale! Mint Condition! This is a real turn-key operation. 3500 sq. ft. with a full 3500 sq. ft. wet Dept. of Health approved basement for food prep and storage. 18 yrs. left on the lease - 8 yrs. with two 5 yr. options, right of first refusal to purchase the property is in the lease. All equipment is in perfect condition and functional. 125+ seats plus bar which has an additional 25-30 seats plus 15 bar stools. There is also a back patio! Bar has 12 HD flat screen TVs, there are TVs in all four corners of the dining room and a large flat screen in the Private party room which is used for slide shows or presentations. Private party room holds up to 75 people. For more info email or you can call me at 516.779.1274. Asking $399,000 Need to sell ASAP so price is definitely negotiable depending on the structure of the deal This is a steal! The build-out of this place cost over 1.5 million... Must see to believe! Also landlord would sell the property if the price was right.
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