Thriving sports bar for Sale in Prime Williamsburg Brooklyn

Kings County, NY

Seller Financing Available
Thriving sports bar for Sale in Prime Williamsburg Brooklyn
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Asking Price: $550,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $300,000

Inventory: N/A

Rent: $4,100 /Month

Established: 2017

Thriving sports bar for Sale in Prime Williamsburg Brooklyn

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Business Description

Newly renovated Sports Bar with beautiful Garden

Located in the heart of Williamsburg Brooklyn! This 2,500 square foot sports bar has been built from scratch. The outside has a garden space with a retractable roof, perfect for warm days or private events. The inside has a rustic, modern feel with great vibes. There are over 20 flatscreen tvs, 2 custom made draft towers with 16 taps, a concrete bar, a dj booth, modern light fixtures such as Edison bulbs throughout. The front doors are glass that can be opened on a nice day. The basement is fully renovated space with an additional 1,200 square feet, complete with refrigeration and space for dry storage. This sports bar is very unique with indoor and outdoor space in the neighborhood. The venue is large enough that events can be hosted throughout the entire bar, or just the outdoor space. This bar currently has a great client base and is in good standing in the neighborhood. To top it off there is 15 years left on the lease at a very low rate. You won't ever find a place like this with this kind of lease in Williamsburg. Guaranteed!!!

Option 2: Owner is looking to stay as a minority shareholder. Looking for a working partner to buy majority of equity and run day to day operations.

Detailed Information

Location:
Kings County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
6/8/2034
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment is roughly 2 years old including ice machine, 6 burner stove, 2 deep fryers, 3' char grill, 2 walkin boxes, 3 freezers. 2 custom draft towers with 16 handles. All custom light fixtures. Retractable motorized roof in Garden. (Home Based)
Competition:
The only trendy sports bar with a Garden in the area. The food is outstanding!
Growth & Expansion:
Plenty of room for expansion and potential. 1. deliveries 2. add theme nights such as Kareoke. 3. create beer club 4. expand on wines
Financing:
willing to finance 35%
Support & Training:
Will be able to assist with all aspects of the business.
Reason for Selling:
owner / operating manager has no time to run a bar
Home-Based:
This business is Home-Based
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Business Listed By:
Carlo Fortunato

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