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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Concert Venue / Bar / Club / Restaurant

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $1081000
Net Profit / Cash Flow  $231900
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1976
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  Partner selling 1/5 share of Bar and Grill re-branded as Long Island's premier mid size concert venue. Full calendar (250) of national acts and concerts focusing on ages 21-45. 4-5 events per week. Huge stage, green room with many large flat screens over large bar and outdoor lounge. State of the art sound and lighting systems. Full kitchen serving high profit menu. Managing partners-promotors have 20 years music business experience and have run some of LI's most successful concert venues. 5 partners(3 absentee) net $50k per year and growing. Revenue projected to grow to $2m with large scale radio and advertising promotions. One partner must relocate and is offering his share of the business.Partner can be passive investor or be more involved in day to day operations with additional salary. Contact broker for more information.
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