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Businesses For Sale > Business For Sale in Albany County, New York (NY)

Great Bar & Grille in Albany County-33004 for sale in Albany County, NY

Albany County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 275,000 $ 500,000 $ 140,000

Furniture and Fixtures Value:
$ 150,000 (not included in the asking price)

Business Summary:
Great Bar & Grille. The current owner has spent the past 8 years building a loyal following and great reputation. It is time for a new buyer to take over and build on this. The business has a great location with ample parking. It is a spacious 2,400 sf. and can handle up to 150 patrons. There are 9 years left on the current lease with a rent of only $3,150/mth (including taxes). They have a full liquor license and full kitchen with hood system. In the past year the business grossed approx. $500,000.00 with an owner's cash flow of approx. $140,000.00. You can keep the current concept or expand the offerings and menu. We are seeking a serious and financially qualified buyer with at least $190K in liquid funds to cover down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or [email protected] All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only !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 at [email protected] or call us at 1-877-735-5224 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-33004 for instant access to this business information.

 
   
Year Business was Established: 8
   
Number of Employees: 9/2  
   
Owner willing to finance: 190,000.00 Down & $85K over 3 yrs. @ 6%  
   
Owner willing to train: Seller will train  
   
Reason for selling: Seeking a change of pace  
   
Seller Reference Number: 33004
BusinessMart.com Listing Number: 249979