Seller Financing Available

Asking Price:

$80,000

Gross Income:

$120,000

Cash Flow:

$40,000

FF&E:

$56,000.00 *

Inventory:

$2,000.00 *

Real Estate:

N/A

Year Established:

2003

Employees:

1: ft/1: pt

Business Types:

Restaurants
Other Eating & Drinking Places

* included in the asking price

Business Description

LOOKING FOR A GREAT RESTAURANT BAR FOR SALE? This is it! The restaurant offers Caribbean Cuisine within a very large lounge atmosphere. Additionally, the restaurant has been recently renovated with $20K worth of leasehold improvements, it has very low rent ($2000/mo) and carries a full-liquour license. It has plenty of parking space to meet the requirements of 100 plus individuals who dance and drink into the night at the restaurant lounge Friday and Saturday. Come on down!! Please refer to listing # 43916044 and ask for FERNANDO SIMO when inquiring. Thank you!

Detailed Information

Facilities:

Lease/Month: 2000 Square Footage: 3000 Building Type: Strip Mall Terms & Options: 2, 5 Yr Terms Expiration Date: 8/31/2015

Financing:

Loan/Seller/Amt: $30,000 Mos: 12 Rate: 6.00 Mo Pmt: $2581.99

Support/Training:

Weeks Training: 2 Cost: $0

Reason Selling:

Health Issues