Sleeping Giant - Neighborhood Bar For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description The potential of this place is HUGE, great location in a busy shopping center, Major national tenants, down the block from a large hospital, universities, sports complex. There is outdoor patio and tiki bar, live entertainment, cabaret license. This bar truly has it all; a new owner that wants to market this place and add some new energy will have a gold mine. The seller has had this place for 25 years and runs it absentee. He has other businesses, rental properties, just did some renovations to the bar but is his time to move on.
The seller runs the place absentee and does not want headaches. He is currently closed on Sundays, despite having several large screen TV's great for football, opens at 4pm on weekdays. There is GOLD in marketing this business, expanding the kitchen offerings, deliveries to the hospital and local business. There is live music on the weekend with no Marketing. The rent is ONLY $10 a foot, which is a steal for this location. Contact about listing number, 11757.
Click Here To Contact Seller
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