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Bar, Restaurant and Deli

Rockland County, NY

Seller Financing Available
Bar, Restaurant and Deli
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Asking Price: $275,000

Cash Flow: $100,000

Gross Revenue: $750,000

EBITDA: N/A

FF&E: $185,000

Inventory: N/A

Real Estate: N/A

Established: N/A

Bar, Restaurant and Deli

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Business Description

Solid business opportunity for this pub restaurant and deli combo, located in Rockland County New York. The business has a consistent gross income of $750,000 and can be further developed with an onsite owner operator. The business income represents 50% restaurant pub and 50% from the deli operation. This transaction also has an income from Lotto, ATM and vending equipment. This business embodies the spirit of an English style with a friendly neighborhood atmosphere. This business routinely has six full / part time employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $13,400. This successful retail business operation is active seven days per week, with hours from 6:00 am to 4:00 Am. The business has been valued / priced at $275,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. This is a dependable safe business This business opportunity also offers an option to purchase the real estate through seller’s real estate agent. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Detailed Information

Location:
Rockland County, NY
Real Estate:
Owned
Building SF:
2,000
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This long-standing pub restaurant and deli is located in southern New York, Rockland County. The general area consists of various highly populated communities. The business consists of approximately 2,000 square feet with a quaint and attractive appearance. The business has separate entrances for the bar restaurant and a separate entrance for the deli operation.
Competition:
To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has no local advertising or web site and if improved can further develop the business yearly gross sales.
Financing:
Available to a qualified buyer.
Support & Training:
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The sale is due to the owner’s illness and inability to maintain the business.
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(from currently available funds)
 
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Ron Cervelli

Business Listed By:
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Regal Consulting Corp.

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