Bar/Lounge: 3 Prime Locations

Not Disclosed, NY
Nassau County

Long Island


Asking Price: Annual Revenue:
$1,200,000 $1,366,644

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar/Lounge: 3 Prime Locations Broker: Ziggy Marszalek
Owner Financing is Available!
Amount: $450,000 Months Left: 48 Rate: 7.000000000000001% Monthly Payment: $10,775.81

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,366,644
Net Profit: Not Disclosed
Cash Flow: $437,160
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $6,000,000
Year Established: 2016
Employees: 12
BBN Listing #: 899249666
Broker Reference #: 22456

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Business Overview:

Great opportunity to get into Bar/Lounge Industry and purchase a Brand Name with great following....There are 3 locations all on main Rd in very socializing towns.

They serve excellent cocktails made by a fantastic mixologist with prices that are very reasonable.

Seller downsizing to spend more time with his family.

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Property Features and Assets:

Monthly Rent: $2,800 Lease Ends: 2029-01-01 Area: 1,500 sq/ft Building Type: attached Terms and Options: 3%

Reason for Selling:

Downsizing

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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