Sports Bar & Lounge
Location New York,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will Provide Training
Reason for Sale Personal
Description Western Nassau County Hot Bar Lounge club established 25 years now owned for 1 year by absentee sell who lives out of state and can not control or over see his business from out of state. This 2200 sf club was fully updated and is open and doing business this club draws a mature totally mixed crowd mostly Spanish and American. This club overs a great full service bar,cozy seating dancing,music and also has live entertainment. Seller also purchased and has kitchen equipment and has never set it up or used kitchen. New hands on buyer can add kitchen offer catering and better operate this club.Contact broker Jim Aloi Rent $4300 five year lease with 5 year option. This club does get busy. Absentee seller took home over $100k first year. Club opens 5 days a week from 5pm to 2-4am all sales are presently and liquor & profitable.This club has tons of parking and is priced to sell HURRY! Note they charge $5 cover for DJ On the weekends.
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