Prime Irish Pub & Grille - Lower Mid Town-31481

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$550,000 $1,300,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Prime Irish Pub & Grille - Lower Mid Town-31481 Broker: Melvin L. Vaz
Owner Financing is Available!
$550,000.00 Down & Possible for a qualified buyer.

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 10
BBN Listing #: 59024447
Broker Reference #: 31481

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Business Overview:

Prime Irish Pub & Grille in Lower Mid-Town. This is a spacious 2,000 square feet space with full kitchen and 35 feet bar. They offer seating for up to 100, in addition to outdoor seating. The bar has a back room with a huge skylight. They offer 24 beers on tap and a full 4 am liquor license. There are 10 years left on lease at a rent of $17,000/month. In the past year the business grossed approximately $1,300,000.00 with a cash flow of approximately $250,000.00. We are seeking a serious and financially qualified buyer with at least $550,000 in liquid funds to cover the asking price, plus $85K in rent security. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. Please use email reply button of this ad to contact us.

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Reason for Selling:

Owner moving.

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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