Bar / Lounge - Nightlife Hot Spot
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $850000
Net Profit / Cash Flow $290000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Will provide as necessary.
Reason for Sale Seller is relocating.
Description ASKING PRICE: $685,000
Lounge is located in Hell's Kitchen, which is close to major commuting ports (Port Authority and a few subway stops from Penn Station). The lounge attracts a mixed crowd and is New York's only 30 food bar. The bartenders infuse more than 16 Vodka's onsite with flavors of real fruits and aromatic spices.
Inventory: $ 15,000
Reason for Sale: Seller is relocating.
Year Established: 2006
Days & Hours of Operation: 7 days, 4PM-4AM
Non-owner Payroll: $ 78,000
Employees: 8 Full Time
Absentee Owner: No
Monthly Rent: $ 11,500
Square Footage: 3,700
Facilities: Has 2 full bars, kitchen open from 4PM-10PM, DJ booth.
Click Here To Contact Seller
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