Profitable Bar And Restaurant For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $327600
Net Profit / Cash Flow $114000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 6 - 9
Inventory 85000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Yes 30 days.
Reason for Sale Vested in another business.
Description Very Profitable bar and restaurant for sale in Babylon Village NY. HIgh foot traffic location great happy hour crowd, venue offers lots different nights along with great food. Perfect for chef/ operator that can showcase his/her talents. established 7 years and still profitable in down economy. Landlord is willing to assign remaining years on lease or give new to qualified buyer. Current owner is invested in another business and can not run this location absentee. Person with the know how and vision can literally double the business at its current state. Location at its peak netted nearly 189k cash flows currently at 100k. turn key operation willing to hold small portion of note for 24 months. This opportunity will not last!
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