Sports Bar and Restaurant

Long Island City, NY (Queens County)

Sports Bar and Restaurant

Asking Price:$1,200,000

Cash Flow:$500,000

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2002

Sports Bar and Restaurant

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Business Description

This well-established favorite neighborhood meeting place is located two minutes from Manhattan in an up-and-coming neighborhood that is Long Island City, predicted to be the next Williamsburg, Brooklyn. The young people are rushing into the neighborhood, and are enjoying this renovated and upgraded establishment. With its 4 o'clock license this solid business has a tremendous opportunity to further increasing its success in the coming months and years.

Detailed Information

Employees:
11
Facilities:
Down payment: $600,000
Support & Training:
Will provide as needed.
Reason for Selling:
Seller is retiring.

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John McGuffin

Business Listed By:
John McGuffin

Inbar Group Inc - Business Brokers

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Sponsoring Broker:
Jay M. Inbar

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