Own The Only Sports Bar/Restaurant In The Area
New York, NY New York County
New York
Seller's Contact Information
- RE: Own The Only Sports Bar/Restaurant In The Area
- Contact: Bob Dunphy
Quick Facts
| Asking Price: | $480,000 | |
| Annual Revenue: | $2,137,371 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $285,554 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | 31 | |
| BBN Listing #: | 868635879 | |
| Broker Reference #: | 6842-28874 |
Business Overview:
It didn’t take long for this restaurant & sports bar to become a neighborhood and visitor favorite. Just five years old, it's the only one of its kind in the area and a short walk from mass transit making it a regular stop for thousands of thirsty and/or hungry residents, commuters and tourists. Their menu of comfort food features something for everyone in the family whether at lunch, dinner or at their famous weekend brunch. And with 15 big screen TVs and Direct TV’s sports package, you are always within view of your favorite teams. They feature twenty beers on tap and in bottles making it the perfect meeting place before or after a game. And their takeout window extends their hours and service with breakfast starting at 7am.
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Property Features and Assets:
Opened brand new in 2009 and has grown to more than $2 million in annual revenue just five years with more room to grow.
Market Competition and Expansion:
It is the only restaurant and sports bar in the area. This business has tremendous growth potential due to real estate development planned for the area that includes new housing units, new retail and office space and education facilities.
Reason for Selling:
retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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