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Businesses For Sale   >>   Absentee Businesses For Sale   

Bar / Pub For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $300000
Net Profit / Cash Flow  $80000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2004
Number of Employees  4 - 5
Inventory  $50000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Seller will assist with training.
Reason for Sale  The seller has another business and would cut his work hours.

Description  
This established Waterfront Bar /Pub is located in the Hampton area of Long Island. The Bar has 2-TV's, 1-Pool Table, Games, a 16-stool bar, a small Kitchen and Dinning Room plus Outdoor Tables to accommodate an additional 80 people. The Bar and Eating Areas all overlook a Spectacular view of the water. The Premise is approximately 1700 sq ft with a monthly Rent of $3,600 (includes property taxes) and a 10-yr. lease. The Seller has another business and would like cut back on his work hours and concentrate his efforts on only the one business. The Bar has a small Kitchen with a small 6-burner stove, a deep fryer & grill, refrigerators, 2-ice machines and a walk-in box. The Seller will finance to the right buyer $90,000 down to the right buyer. There is plenty of room for growth due to the fact that the Seller operates it Semi-Absentee, does no advertising, does not promote his food, pool or dart leagues and has very little live entertainment. Email or call John Stefan at 631-473-2973 for more information on this bar / pub for sale.


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