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

Rockland County NY SALOON for sale in Congers Rockland County, NY

Congers Rockland County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 75,000 $ 291,990 $ 74,000

Furniture and Fixtures Value:
$ 45,000 (included in the asking price)

Inventory Value:
$ 3,000 (included in the asking price)

Business Summary:
Quaint bar and casual restaurant in a wonderful area of Rockland County New York and priced for a rapid sale. The business has existed for many years and the owner is now retiring after much success. Training and owner financing is available and priced for a quick sale. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $45,000 which is based on the replacement cost from the original buildout, licensing, representing equipment, licensing, tangible & nontangible value. The accurate value of the assets will be identified during the allocation period. The sale consists of a fully equipped Pub Restaurant which includes a commercial kitchen, liquor license, refrigeration & freezer units, web site, social media components, POS system, displays, shelving, tables, web site, computers, modern lavatories, fire suppression system including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.

 

   
Year Business was Established: 1975
   
Number of Employees: 3  
   
Facilities / Terms of Lease: The business is located on a commercial avenue with various other active retail businesses. This opportunity is in southern New York, Rockland County, which consists of various highly populated communities with continued demand for this type of food service. This is a long-standing business, the facility which consist of approximately 1,500 square feet and has an old-style appearance.  
   
Potential Growth/Expansion: Regarding growth and expansion, the business opportunity can be further expanded with a new operator by improving the local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.  
   
Competition: Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.  
   
Owner willing to finance: Seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.  
   
Owner willing to train: Training and owner support, the owner will remain post-closing and is prepared to supply a transitional period to the purchaser. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.  
   
Reason for selling: The purpose of this business transaction is due to the owner retirement from this industry after many years of success.  
   
Seller Reference Number: BAR851
BusinessMart.com Listing Number: 285530
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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