Bar, Restaurant & Catering Hall 30121

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$225,000 $320,210

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar, Restaurant & Catering Hall 30121 Broker: Melvin Vaz
Owner Financing is Available!
$225,000.00 Down & Possible for a qualified buyer.

Quick Facts

Asking Price: $225,000
Annual Revenue: $320,210
Net Profit: Not Disclosed
Cash Flow: $144,220
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 29344447
Broker Reference #: 30121

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Business Overview:

Restaurant with 3,000 Square Feet Catering Hall. *PRICE REDUCED* This is a very unique space. It is located in a very high traffic area, just steps from the train station. This is a 1,500 square feet restaurant, specializing in South American cuisine in a quick-serve setting. They offer a full kitchen with ansul system, as well as steam tables. They also have a beer and wine license, and do tremendous beer sales at the bar. The space offers seating for approximately 25. In the past year, gross sales were approximately $320,210.00, with a net cash flow of approximately $144,220.00. The margins are very high to the approximately 58% beer sales at the bar. There are 10 years remaining on the lease, at a rent of only $3,350/month. THERE IS A BONUS SPACE NEXT DOOR. THE OWNER HAS COMPLETED THE CONSTRUCTION OF A 3,000 SF CATERING HALL. Rent for this space is only $2,000/month. She has decided to move out of state, and has not yet opened the space next door. A new owner only has to furnish the space, and they can open for business. We are seeking a serious and financially-qualified buyer with at least $225,000 in liquid funds. The ability to speak fluent Spanish would be ideal. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Moving

Additional Details:

  • The property is owned.
  • The owner is not 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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