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Business For Sale

Sports Bar/Lounge in Western Long Island -REDUCED

Nassau County - Long Island, NY, USA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$63,000
$156,000
Not Disclosed
$44,450
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2000
6
37822777
Owner Financing is Available
Will consider all offers

Business for Sale Overview:

Established neighborhood sports bar on busy suburban thoroughfare draws from dense residential population and several nearby college campuses. Busy evening and night business could be augmented substantially with attention to daytime hours and additional food service.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Leased, storefront location in strip mall along busy road with 960 square feet bar/lounge area. Lots of street parking along front of strip mall and in parking lot across the street. Includes all bar equipment: sinks, refrigerators, keg case w/taps, ice maker and small personal pizza oven. New alarm & surveillance system.

Market Competition and Expansion:

Hours can be expanded (currently opens at 2PM daily). Owner states additional food service would enhance business significantly. Current owner does minimal advertising/promotion, relying on word-of-mouth publicity, so more active advertising—especially at several area colleges—would likely boost revenues. No other sports bar aimed at younger clientele in close proximity. Three other taverns in 3-mile radius, cater to older clientele.

Reason for Selling:

Owner’s wife expecting first child

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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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