Wonderful Sports Pub Restaurant w/ Live Music
Rockland County, NY
Wonderful business opportunity with owner financing for this Sports Pub Restaurant with Live Music and located in Rockland County, New York. The facility consists of 2,600 square feet with a huge bar area and seating for 140 customers. The business produces a minimum of $14,000 weekly average income and a substantial dependable yearly net income to the owner operator. Sixty-five percent of the income is liquor sales which represents a substantial mark up-profit for owner operator. This Pub is known for its wonderful atmosphere, good dependable food & drink, numerous flat screens TV’s and quality service. The business is fully equipped as a restaurant-lounge, with a full kitchen, walk in refrigeration, full bar, display counter, POS computer system, phone system, etc. The business has a full staff of seven plus experienced employees who are unaware of the pending sale and expect to remain post closing monthly payroll $8,850 . The business has substantial private parking at the location and is part of the commercial lease agreement. The building has a legal capacity for 140 customers, one main floor with a full basement. The business is operational seven days weekly with hours from 4:00 pm to 4:00 am. The sale includes a Consumption Liquor License, live entertainment approval and a CO to operate the business at this location. The seller will supply a long term lease, expires with a $4,400 gross monthly rent, rental security $4,400, also an option to purchase the property. Based on the asking price, required down payment and net income, this business will supply a 30% return to the owner operator prior to debt service. This is a wonderful opportunity with dependable income and the ability for further improvement by on site ownership. The business has gross yearly sales of $725,000 and a yearly net income of $90,000. The business and property has been valued at $475,000 based on real estate value, multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. The sale of the business only is $195,000 with a long term lease. By appointment only, employees are unaware of the pending sale and photo may not represent the particular picture advertised. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.
Modern Restaurant Lounge
Rockland County, NY
Excellent opportunity for this wonderful restaurant lounge business and priced substantially below fair market value. This Modern attractive Family Restaurant with liquor license is located on an active county road in a highly active area of Rockland County, New York. This attractive 2,650 square foot Restaurant with a consumption liquor license has a wonderful reputation in the area. This establishment is well known as a successful casual, family style eatery with great food and excellent service. The business continues to have basic hours from 11:30 am 9:30 pm to accommodate the present owner’s semi absentee schedule. By increasing the hours for later evening hours as a lounge this business can enjoy a substantial increase to the bottom line income. The restaurant has a gross income of $730,000 and a consistent net income to the owner operator. Its modern wood paneled walls and rustic furnishings provide the comfort of a home away from home. The restaurant specializes in preparing lunch and dinner, including all of your favorite appetizers, soups, salads, wraps, sandwiches, burgers, platters, quesadillas, pastas and entrees, from steak and chicken to tilapia and salmon. The personnel are kid-friendly, and seating is available both indoor and outdoor. To-go and catering options are both offered, and the restaurant has become a go-to destination as a host or caterer for big events and parties. The sale includes a turnkey restaurant operation with an asset value of approximately $270,000 which includes a consumption liquor license, beautifully designed restaurant café, high capacity commercial kitchen, POS system, refrigeration / freezer units, displays, fully equipped pub, and various equipment required for this particular food service industry. The facility has a legal capacity for ninety-two (92) customers consisting of 2,650 square feet, including an outdoor patio with seating for an additional thirty-five and a full basement. The site has substantial private parking for approximately fifty vehicles as part of the lease agreement. The business is operation consists of six days weekly (Monday) hours from 11:30 am to 9:30 pm. The business has a New York State consumption liquor license and municipal entertainment approval. The sale will include a fifteen year, net lease, expires 2030/01/01, with a monthly rent of $8,500, and rent security of $17,000. The business has a full staff of seven experienced employees, unaware of the pending sale and expected to remain post-closing, Monthly payroll is approximately $14,400. Based on the asking price, required down payment and net income this business should supply a 28% return to the owner operator prior to debt service. The business 2015 business gross yearly income is $730,000 and a yearly net income of $75,000.00. The price has been set very aggressively at $99,000 and seller financing may be available to a qualified buyer. By appointment only, employees are not aware of the pending sale, please remain confidential, photo may not represent this particular business opportunity.
$3M+ in Sales at this Establish Restaurant - ID # 1462
Rockland County, NY
This beautiful, well-established restaurant has been captivating diners for many years. Featuring fine cuisine, impeccable service and welcoming atmosphere, this restaurant truly sets itself apart from others. Located on a busy highway, this freestanding building is set on multiple acres, offers expansive parking, bar and lounge, various dining rooms and rental income. With lots of room for growth and expansion, gross annual sales are over $3M and are made up of 75% food and 25% liquor. The owners are preparing for their next venture and are offering this popular restaurant with property, business, liquor license and FFE for $2,850,000. With limited competition, this location won't last long!
Irish Pub Restaurant
Rockland County, NY
Wonderful opportunity for this highly successful Irish Pub Restaurant which includes live entertainment approval and located in wonderful area of Rockland County, New York. This long established pub restaurant business was built in the 1950’s and was recently renovated with a beautiful modern décor, maintains its authentic cozy image including burgundy painted woodwork and old fashioned tables & chairs. The sale includes three residential rental units with a $36,000 yearly income. The business has a solid reputation within the nearby communities and is somewhat of a landmark in this area of Rockland County, NY. The business is known for its excellent food, wonderful service and special atmosphere. The facility consists of a professional commercial kitchen, a full Dining room with lots of available seating and a luxurious forty seat wood Bar. The business generates a consistent yearly gross sales of $950,000 consisting of 50% liquor and 50% food sales and provides a stable net income to the operator. The owner is retiring after many successful years in the industry and is prepared to supply secondary financing to a qualified buyer. The restaurant square footage is 2,450 on one main floor with an indoor seating capacity for 97 customers. Private parking for 50 + vehicles is available and included in the sale. The business is operational seven days weekly, Monday thru Sunday with hours from 12:00 pm to 4:00 am. A consumption liquor license & cabaret license is included in the sale. The business has a full staff of seven plus experienced employees who are unaware of the pending sale and expect to remain post closing. Based on the asking price, required down payment and net income this business should supply a 30% return to the owner operator prior to debt service. Please contact our office for further details. The business generates yearly sales of $950,000.00. The seller will verify a business net income of $165,000 + rental income of $36,000. The sale has been valued at $1,150,000 based on a multiple of the net yearly income and the value of the specific business assets, real estate and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.