Bar / Restaurant - Make Offers
Location New York,United States
Asking Price Range < $250K
Gross Revenues $500000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2013
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Sellers cannot get along. dont know want they are doing. need to get out.
Description One seller's pain is the buyers gain. That is exactly what is going on with the sale of this restaurant. Only opened for a short period of time, a nicely decorated bar/restaurant is for sale. The owners are not getting along, there is also a lack the food service experience to operate this business between the partners. They have other business interests and this is not working out as the passive investment they thought it would be.
With a full liquor license, a remodeled restaurant, an updated kitchen, affordable rent at $4,400 a month, 1,500 Square feet upstairs with a full basement, this is a great opportunity for a restaurateur or bar operator to pick up a nice location CHEAP! This business is only a few months old, so the financials are just projections, but with an asking price of $195K or BEST OFFER, the sellers are motivated for a quick sale to help move the process along. Contact about listing 11801 if interested in learning more.
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