Bar/Restaurant/Deli

Not Disclosed, NY
Rockland County


Asking Price: Annual Revenue:
$275,000 $700,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar/Restaurant/Deli Broker: Ron Cervelli
Owner Financing is Available!
Is available to a qualified buyer.

Quick Facts

Asking Price: $275,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $185,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 77123909
Broker Reference #: BAR726

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Business Overview:

Solid business opportunity for this sixty-year-young Pub Restaurant and Deli, located in Rockland County New York. The business has a consistent gross income of $700,000 and can be further developed with an onsite owner operator. The business income represents 50% restaurant pub and 50% from the deli operation. This transaction also has an income from Lotto, ATM and vending equipment. This Restaurant & Pub embodies the spirit of an English style business with a friendly, neighborhood atmosphere. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. This company routinely has six full / part time employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $13,400.
This business transaction will offer a new ten-year commercial lease which will expire 2029-01-01, plus additional options, with a monthly rent of $3,500, cost per square foot is estimated at $21.00, and rent security of approximately $3,500. This successful retail business operation is active seven days per week, with hours from 6:00 am to 4:00 Am. The business has been valued / priced at $275,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Additionally, the owner will offer the property for sale with the business for $650,000 for both. Also, seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This business opportunity also offers an option to purchase the real estate and based on a 25-year payout at 7% interest, approximately 25% down payment, purchaser should obtain a consistent net yearly income return on investment after debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

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Property Features and Assets:

This long-standing pub restaurant and deli is located in southern New York, Rockland County. The general area consists of various highly populated communities. The business consists of approximately 2,000 square feet with a quaint and attractive appearance. The business has separate entrances for the bar restaurant and a separate entrance for the deli operation.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business presently has no local advertising or web site and if improved can further develop the business yearly gross sales.

Reason for Selling:

The sale is due to the owner’s illness and inability to run it.

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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