Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Great Bar And Grill In New York For Sale

New York
Asking Price:
$99,000 (USD)
Sales Revenue:
$269,000 (USD)
Cash Flow:
$54,360 (USD)

Great Bar & Grill w/bsmt. *PRICE REDUCED* The owner spent considerable time and money designing this location with great attention to detail. You will see this upon entering. It is a great local restaurant offering burgers, fries, beer/wine, a friendly atmosphere and great customer service. It has all that a restaurateur would look for, low rent ($3,363/mth), 1,200 sq. ft., plus a 150 sq. ft. yard a large kitchen with full grill and hood and a finished prep basement of 600 sq. ft. You can come in today and operate without having to spend a penny on upgrades/repairs. The menu can be expanded to add daytime service, weekend brunch, etc. They are currently open 7 days from 4pm - 1am (until 2am on Fri.). There 5 years remaining on the lease with 4% annual increases. The business currently operated on an absentee basis as the owner has moved out of the country. In the past year the business grossed approx. $299,000.00 and it continues to grow. This location needs an owner/operator to really grow. The current payroll is approx. 30% of gross sales. We are seeking a serious and financially qualified buyer with at least $75K in liquid funds to cover the downpayment and rent security. To learn more, please call Mel Vaz. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us or call us to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29735 for instant access to this business information.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Owner has moved out of the country.

Employees:
6

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

65,000.00 Down & $34K over 3 yrs. @ 6%.

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$7,000 (USD)

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Vested Business Brokers HQ. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here