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Business For Sale

Cafe Bar Lounge - 20166

New York County, NY

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$499,000
$433,829
Not Disclosed
$93,689
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2011
4
44744447
Owner Financing is Available!
499,000 down & CASH BUYERS ONLY

Business Overview:

IN THE HEART OF THE WEST VILLAGE -- A FULL LIQUOR LICENSE (which is almost impossible to obtain nowadays in this section of MANHATTAN) was granted this past Winter, leading to an average monthly revenue increase of nearly 40%. MOBBED on Thursdays, Fridays and Saturdays until closing at this bohemian-chic BAR LOUNGE CAFE since it installed its NEW BAR on July 4th. Owners project an annual revenue run rate of over $700K ($60K/mo) within a year and for free cash flow to double, as they were also recently approved for LIVE MUSIC 7 days/week from previously only Th-Sat. Everything is top of the line here, including the sound system, flat screen TVs, furnishings, lighting, refrigerators, ice maker, espresso machine and coffee maker. LOW RENT -- LONG LEASE -- CASH BUYERS ONLY -- PROOF OF FUNDS A MUST. Step right into YOUR OWN PRIVATE GOLDMINE.

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.

Reason for Selling:

Personal

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.