Business for Sale Overview:
A Sports Bar & Lounge with live entertainment located on a main avenue and prime area of Staten Island, New York. The location offers Sports viewing, Live music and great food and drinks with excellent service. The facility includes 12 flat screen TVs and also offers Darts and a Billiard parlor on the second floor. The business often has theme nights and local entertainers as well as daily specials, which attracts plenty of repeat customers. The business enjoys a wonderful reputation for great entertainment in a cozy atmosphere. The business produces annual sales of approximately $650,000 with a substantial net profit for the current owner. The current owner now wishes to relocate out of the area and will consider financing to a qualified purchaser. This is a super opportunity with seller financing!
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Bar facility consists of 2,500 square feet with a large lounge area, a full kitchen and a seating area on the main floor. An existing lease is available for transfer with 2 additional 5 year options. A liquor license, entertainment approval and ample parking are included in the sale. Monthly rent plus taxes is $5,000.
Market Competition and Expansion:
Limited competition is located in this particular area of Staten Island, New York.
Reason for Selling:
Relocating to Florida and out of the food industry
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.