3300 Sqft Bar With Kitchen - Live Music Venue
Location New York,United States
Asking Price Range < $250K
Gross Revenues $335484
Net Profit / Cash Flow $97300
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
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 3300 sq. ft. Bar w/ Kitchen/Live Music Venue. ONLY OPEN 4 DAYS PER WEEK! This is a huge space including a professional sound and lighting system with stage. They also have a full kitchen with hood system. The kitchen is only open 2 days per week right now. The operators do not really push food. This business can be converted to more of a bar/pub, if desired. 2012 Gross Sales were approx. $364,000 (generated almost entirely from liquor and beer 95%) with a Net Income of approx. $97,300.00. There are 10 years remaining on the lease (5 5) with only 3% yearly rent increases. This location is priced to sell and will not last. We are looking for serious cash offers from anyone with bar/nightclub/restaurant experience. Please call or email Mel Vaz today to learn more at 631-909-1095.
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