Lower East Side Bar & Grille - 32094

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$265,000 $1,000,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Lower East Side Bar & Grille - 32094 Broker: Mel Vaz

Quick Facts

Asking Price: $265,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 83294447
Broker Reference #: 32094

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Business Overview:

Lower East Side Bar & Grille - Full Liq. Lic. *PRICE REDUCED* Great foot traffic. This location features a small, but full kitchen with hood and venting. They are only open M-F 4pm-2am, Sat & Sun. 1pm-2am. They DO NOT offer brunch. The business is very close to major public transport. The space is 1,000 sq. ft., plus a 1,000 sq. ft patio. They have 6 years remaining on the current lease, but the landlord will give a new 10 year lease to a qualified buyer. The current rent is $7,100/mth. The business is fully staffed with 2 F/T in the kitchen and 2 F/T bar staff, plus approx. 7 P/T employees. The current owners work in a management capacity. YOU CAN KEEP THE CURRENT CONCEPT OF BRING IN SOMETHING NEW. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the $280K asking price and $21,300 in rent security. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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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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