*Bank Ready* Bar- Restaurant 3 Flrs- Midtown East

Manhattan, NY
New York County


Asking Price: Annual Revenue:
$595,000 $1,700,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: *Bank Ready* Bar- Restaurant 3 Flrs- Midtown East Broker: Henry Galasso
Owner Financing is Available!
$100,000

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $245,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 50
Employees: 17
BBN Listing #: 649335273
Broker Reference #: 11431

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Business Overview:

BANK READY 1,800 square feet 15 seats at the bar 5 double Toppers at the bar 40 seats in the dining room area fun cartoonish pub / bar with great happy hour and potential for upscale Oyster Bar. Entire building Master Lease with potential for income on commercial use upstairs. Full basement full kitchen 10-12 large screen flat TVs. Multi station POS system, 4 a.m. liquor license. This place is ready for any bar / rest owner to take to another level. Currently and just started room service with the hotel next door. 60% Alcohol and 40% Food ... This is definitely worth a look.

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Reason for Selling:

Other Business Interests.

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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