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Businesses For Sale > Business For Sale in Eastern Suffolk, New York (NY)

Profitable Bar \"Easy to Operate\" for sale in Eastern Suffolk, NY

Eastern Suffolk, New York (NY)

Asking Price: Gross: Cash Flow:
$ 90,000 $ 278,000 $ 69,000

Furniture and Fixtures Value:
$ 99,000 (included in the asking price)

Business Summary:
This Profitable Bar /Sports Bar is located in Mid-Suffolk on the North Shore on a High Traffic \"4-Lane Highway.\" The Sale Price was just \"Reduced for a Quick Sale\" from $155,000 to $90,000. This Business nets approximately $69,000 per year to the owner and can be operated relatively absentee. It is in Excellent Condition with 6 TV s, a Beautiful, Large Bar, Cocktail Seating Area, Pool Table, Darts, Games and a DJ or Live Band every Friday and Saturday. This Store was totally renovated just 5 years ago at a cost of over $80,000. The size of the Store is approximately 1500 sq. ft. with a 1/3 basement, private office and plenty of parking. This business is Easy to Operate due to the fact that it does not have a kitchen, thus there are No Chef Expenses or Food Waste Problems. However they do have a lite-bite menu at the bar that is delivered from a local restaurant to accommodate their customers. The Lease is 14-yrs.(4-yr plus two 5-yr options) with a Monthly Rent of only $3,486 (includes Tax & Cam). The Price is \"already reduced\" and the \"Price is Firm\" cash out at closing. \"GREAT DEAL\" \"EASY TO OPERATE\" For more info, call John Stefan (631) 473-2973.

 

   
Year Business was Established: 2004
   
Number of Employees: 6  
   
Facilities / Terms of Lease: 1500 sq ft with an 14-yr Lease, Rent is only $3,486 (includes Tax & Cam), a full basement and a private office, located on a 4-Lane Major Highway on the North Shore of Suffolk County. The Lease is 14-yrs.(4-yr plus two 5-yr options) with a Monthly Rent of only $3,486 (includes Tax & Cam).  
   
Potential Growth/Expansion: There is plenty of room to increase this business. The Seller does not promote Sports Events and does very little advertising.  
   
Owner willing to finance: The Price is \"already reduced\" and the \"Price is Firm\" cash out at closing.  
   
Owner willing to train: Seller will Train.  
   
Seller Reference Number: bm608986505
BusinessMart.com Listing Number: 71565
 

 

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For more info contact:

John Stefan

JS Business Brokers
631-473-2973

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