Seller Financing Available
Bar & Restaurant on Corner with Parking. This theme bar and restaurant offers 1500 sq. ft. of space, plus a full 1,000 sq. ft. basement and fully equipped kitchen. The location is currently open 7 days from 2:30pm - 4am with an occupancy of just under 100 patrons. They have a unbeatable corner location with street and municipal parking for well over 100 cars. The train is just walking distance away. The lease has 16 years remaining with only 3% annual increases. Rent is $4,000/mth. (incl. taxes and maintenance). The business has been here for over 30 yrs. In the past year, the business grossed approx. $442,000.00 with a Net Income of approx. $161,041.00. The owner is selling as he is opening up another restaurant. We are looking for a serious and experienced buyer with at least $250K in liquid capital to cover the down payment, deposits, working capital, inventory, etc. The seller will entertain a partnership as well. Proof of Liquid Funds will be requested! If you meet this criterion, please call or email Mel Vaz. For More Information Contact Your Local Vested Business Broker, Mel Vaz, at 1-877-735-5224.
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