Unique Concept Bar and Rest. - Indoor and Outdoor - 30524

Queens County, NY

Seller Financing Available
Unique Concept Bar and Rest. - Indoor and Outdoor   - 30524
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Asking Price: Get Financing: $250,000

Cash Flow: $300,000

Gross Revenue: $1,490,519

EBITDA: N/A

FF&E: $20,000

Inventory: $7,500*

Established: N/A

*not included in asking price.

Unique Concept Bar and Rest. - Indoor and Outdoor - 30524

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Business Description

Unique Concept Bar and Rest. - Indoor and Outdoor. *PRICE REDUCED*. This business must be visited to be appreciated. It is located in a great N.E. Queens, NY neighborhood and offers 2,100 sq.ft. of space with 75 seats indoor and 95 seats outdoors, weather permitting. It is great for parties and large groups. In the past year the business grossed approx. $1,490,000.00 with a cash flow of approx. $300,000.00. There are 12 years remaining on the current lease at a rent of $4,774/mth. The business is fully staffed with 2 F/T and 20 P/T employees. They offer a full restaurant kitchen, bar, and state of the art POS system. We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the downpayment and 3 months of rent security. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Detailed Information

Inventory:
Not included in asking price
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
150,000.00 Down & $100K over 3 yrs. @ 5%
Support & Training:
The seller will train the new owner.
Reason for Selling:
Divesting.
Business Website:
http://www.vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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