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Business For Sale

Fantastic Bar/Club/Lounge/Restaurant in Manhattan

Manhattan-New York City, NY

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$395,000
$500,000
Not Disclosed
$150,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
6
81715287

Business Overview:

FANTASTIC BAR / CLUB / LOUNGE / RESTAURANT. Seller owns the Building and is the landlord. He is an experienced operator and understands your needs. He is open to favorable leasing terms to keep this business making BIG MONEY. Club is only opened 2 days a week due to seller's other commitments and pays all expenses in that time. Available for use & days leaving 5 full days to operate bar and restaurant, to rent to promoters , or for any other typical bar / club / restaurant functions. There is a separate VIP room that is currently rented out for private parties, movie screenings, and additional space for promoters, receptions, etc. Space is fully renovated. Full Kitchen, approved by NYC , is currently not being used because owner does not have the time to manage it. This Business is BURSTING with opportunity for an EXPERIENCED OPERATOR.! HURRY- THIS WON'T LAST!

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:

Full Bar, Lounge sofas built in along walls, tables, full kitchen, separate VIP club room , private off-street outside smoking area. Lease Expire: 12/31/2021 Option: 5 YEARS Lease Terms: TBN Lease Security: $30,000 Monthly Rent: $11,000 Square Footage: 2400

Market Competition and Expansion:

Competition Not relevant as this is a unique build-out operated by a very experienced entrepreneur. Potential Growth: Potential is limited only by your imagination as it is currently paying all bills in only 2 days a week and is easily expandable for use by promoters for receptions, screenings, and all functions where a large , open bar / club / restaurant setting would be appropriate. !

Reason for Selling:

Conflicting Business Interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: