Bar/Lounge on Main Road-Cheap Rent w/Long Lease

Not Disclosed, NY
Nassau County

Nassau County - Long Island


Asking Price: Annual Revenue:
$149,000 $512,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar/Lounge on Main Road-Cheap Rent w/Long Lease Broker: Ziggy Marszalek
Owner Financing is Available!
Amount: $74,000 Months Left: 36 Rate: 7.0% Monthly Payment: $2,284.91

Quick Facts

Asking Price: $149,000
Annual Revenue: $512,000
Net Profit: Not Disclosed
Cash Flow: $137,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NY
Year Established: 2015
Employees: 4
BBN Listing #: 746049666
Broker Reference #: 22479

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Business Overview:

New to the Market.

This niche bar is located on main rd in a very socializing town.
It has a beautiful decor and fun seating.

They serve excellent cocktails made by a fantastic mixologist and the prices were very reasonable.

It has 1,000 square feet and 40 approved seats.
Also features a cheap rent with a long lease.

Ideal for an owner operator.

Seller downsizing to spend more time with his family.

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Property Features and Assets:

It has 1,000 square feet and 40 approved seats. Also features a cheap rent with a long lease. Monthly Rent: $2,781; Lease Ends: 2029-01-01; Area: 1,000 square feet; Building Type: Attached; Terms and Options: Yes.

Reason for Selling:

Retiring.

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.

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