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Business For Sale

SPORTS BAR/RESTAURANT/NIGHT CLUB-QUICK SALE PRICE

Attn: Eric Jadow
Queens, NY, USA
Listing Number: "10018"
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Asking Price: $500,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Moving
Year Established: 2005
# of Employees: 5 Full Time 2 Part Time
Yearly Revenues: $1,000,000
Yearly Cash Flow: $501,900
Yearly Net Profit: $221,900
Yearly Gross Income: $760,000
Monthly Payroll: $10,833
 

Business for Sale Overview:

This rare opportunity offers a diverse appeal that entices all crowds. The multiple flat screens offer complete action viewing from all locations throughout the establishment. Seating is available for dining at the bar area and additionally at a raised platform area. The establishment changes to a club scene environment after dinner hours with DJ station complete with remote control lighting and special effects system. Wednesday is Karaoke night and draws a specific following. Sunday offers a larger brunch, lunch and dinner crowd which currently serves Dominican American cuisine. The relatively large kitchen is well equipped and fully capable. There is a coat room and bathrooms on the lower level with a separate area for the well maintained mechanical, soda, walk in refrigerator, dry storage, and related facilities. A POS keeps all sales clearly organized. The overall operation is very appealing and operable. Owners can no longer dedicate time. MUST SELL. It's a steal!


Property Features and Assets:

The relatively large kitchen is well equipped and fully capable. There is a coat room and bathrooms on the lower level with a separate area for the well maintained mechanical, soda, walk-in refrigerator, dry storage, and related facilities. A computer cash and inventory system keeps all transactions clearly organized. The overall operation is very appealing and operable. All fixtures and equipment are included in the sale.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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