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Business For Sale

Great Bar /Pub - Owner Absentee

Nassau, North Shore, NY, USA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$169,000
$416,000
Not Disclosed
$101,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
5
66815425
Owner Financing is Available
Seller will finance to an experienced operator with 60% down

Business for Sale Overview:

This Attractive Sports Bar & Pub has been established over 7-years and is located on Main Street, near the Train Station and Movie Theater in a "Popular" N. Shore Town in Nassau County. It is approximately 1,800 square feet with a Large Bar, Booth & Table Seating, 8 TV's, Surveillance System, "Full Kitchen," Sunday Sports Events, Pool Table, CD Juke Box and Games plus a 2,400 square feet Basement with a Private Office and 2-Large Walk-in boxes. The Seller presently comes into his business only 6-15 hours per week, but he has a full time job that is taking him out of town more often than he would like and has no time to help run the business. You can net up to $101,000 per year if you manage the bar yourself. Due to the fact that the Seller pays a Manager $600 per week, he only nets $70,000 per year. The Rent is $5,849 per month for over 4,000 square feet of usable space. Presently, the Seller does very little advertising and does not promote his food menu or have entertainment, so there is plenty of room to increase the business.

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:

Located on "Main Street," near Train Station and Movie Theater in Nassau County in a "Popular" N. Shore Town. The Bar is approximately 1,800 square feet with a Large Bar, Booth & Table Seating, 8 TV's, Surveillance System, "Full Kitchen," Sunday Sports Events, Pool Table, CD Juke Box and Games plus a 2,400 square feet Basement with a Private Office and 2-Large Walk-in boxes. The Rent is $5,849 per month for over 4,000 square feet of usable space.

Market Competition and Expansion:

There is plenty of room for growth, the seller only comes in 6-10 hours a week and does not promote the business.

Reason for Selling:

The Seller's main job is now taking him out of tow

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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