Bar / Tavern / Night Clubs
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2000000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 20 - 34
Inventory 15000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training Seller Will Provide Training
Reason for Sale Personal
Description Extremely profitable Large Pub & Lounge with Live entertainment established and owned 12 years this 7500 square foot multi level bar. Super location this pub is well known with a branded name and has a large occupancy of 600. Located in busy area with heavy foot traffic. Parking is plentiful this bar offers full coatroom 2 dance floors 3 inside full service bars plus 1 rolling bar and large out door bar with deck,kitchen,large coat room huge stage with stage of the art light and sound ,20 draft , and 2 much more to list including lounge area and fireplace & multiple rest rooms. Please sincere buyers with proof of funds for $500k Second location may also be available,Contact Broker Jim Aloi Photos are not actual for discretion of sale. Seller will stay on Board for to help buyer. This pub has a full staff of 40 employers which will stay working including full time manager. Seller only works 40 hours per week. If buyer does away with manager cash flow will go up by $52k per year.Buyer who adds more food or makes some changes can raise cash flow .This bar presently offers a limited catering and food....Buyer can greatly increase business by improving this. INCLUDES NEW 10 YEAR LEASE WITH 5 YEAR OPTION 15 YEAR LEASE. Niche listing not many like this one.
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