Pristine bar with increasing revenue!!

Hicksville, NY (Nassau County)

Seller Financing Available
Pristine bar with increasing revenue!!

Asking Price:$59,900

Cash Flow:$65,000

Gross Revenue:$295,000

EBITDA:N/A

FF&E:$5,000

Inventory:$3,000

Established:1985

Pristine bar with increasing revenue!!

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Business Description

This bar located in a highly visible strip mall on a busy road. It was completed renovated 3 years ago and has been kept in pristine shape since. With revenues climbing ever year this is the perfect time to grab this gem. In addition to growing liquor sales, revenues are increasing through pool leagues, lotto, Karaoke, charity events and an active live music venue.The bar boost 2100 sqft of clean open space with regular tables, high top tables and the bar that sits 18 plus patrons. There is a state of the art lighting and sound system to boost the entertainment of the night. Three bathrooms are available to avoid the lines. Food is served out of the kitchen equipped with a convection oven, microwave, panini grill, double deep frier and an induction hot plate. The hard part is done and being sold at a discount.

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Since this bar has been renovated the sales have been growing steadily.
Support & Training:
2 weeks
Reason for Selling:
relocation

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Doug DaCosta

Business Listed By:
Doug DaCosta

Transworld Business Advisors

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Sponsoring Broker:
Ryan Kelly

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