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Businesses For Sale > Business For Sale in New York (NY)
35% Passive Partnership in a NYC Bar for sale in NY
New York (NY)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,000,000 |
$ 2,300,000 |
$ 811,000 |
Furniture and Fixtures Value:
$ 300,000 (included in the asking price)
Inventory Value:
(not included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
This is a one-of-a-kind opportunity to purchase 35% of one of three partners’ share of the business in the heart of New York City. This is one of the hottest neighborhoods in New York City. Low rent of only 5% of sales with a Full Liquor License through 4 am and no food. There are no operational responsibilities of the partner whose shares are being sold, making this a very rare and true 100% absentee opportunity. The purchaser has the option of having a more hands-on approach to grow sales and profits. The sales and earnings represented are for the full bar, and the purchaser should expect approximately 35% of the earnings. All partners are comfortable with this plan and a purchaser will be given the opportunity to meet with the operating partners at the appropriate time. Please refer to listing #15511 when inquiring about this listing.
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| Number of Employees:
8 |
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Seller Reference Number: 15511
BusinessMart.com Listing Number: 312166 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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