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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   >>   

Restaurant - Bar With Sales Of $1.5M

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1475000
Net Profit / Cash Flow  $145000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2007
Number of Employees  20 - 34
Inventory  600000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Description  Busy fun Restaurant and Bar in Suffolk County is Priced to Sell at ONLY $299,000. Sales Revenue is close to $1.5 Million per year and operates ABSENTEE. This Profitable Restaurant has an Excellent Location, is near everything with plenty of easy accessible parking. They have a favorable Long Term Lease with an Option to Buy the Property. Rent AND Real Estate Taxes are ONLY approximately 7% of Sales. This Restaurant and Bar has it ALL; 100 Seats Inside PLUS 100 Seats Outside. A large friendly bar inside as well as a fun bar and eating area outside. They have a great mix of sales with approximately 40% derived from the bar. If you are looking to own a profitable, fun restaurant and bar, that has tremendous potential to increase both the revenue and profits at a FRACTION of the price to build, then this place is for you. The added bonus is a favorable long term lease with the ability to one day also own the property. Please refer to listing number 11519 when inquiring about this opportunity.
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