HS Listing-69493

Transaction Summary
• Asking Price: $339,000
• Deal Structure: Asset Sale (Business Only)
• Real Estate: Not Included
• Seller Financing: None currently offered
• Inventory: Included (nominal)

? Lease Details
• Monthly Rent: ~$27,300
• Annual Rent: ~$327,600
• Remaining Lease Term: ~9 Years
• Lease Assignment: Required

?? Buildout & Assets
• Original Buildout Cost: ~$500,000
• Estimated Replacement Cost Today: $650,000–$750,000+
• Included:
• Full bar buildout
• Kitchen equipment
• FF&E, furniture, fixtures
• Bar refrigeration & shelving

? Licensing
• Full NYS Liquor License (Beer, Wine & Liquor)
• Active sales tax registration

? Operations
• Employees: ~10
• POS: Square
• Operating Model: Absentee-run

Financial Summary (Jan–Dec 2025 | Cash Basis)

Gross Revenue: $1,320,241
Gross Profit: $1,059,159 (~80% margin)

Key Expenses
• Payroll (incl. taxes): $438,999
• Subcontractors & outside services: $202,897
• Other operating expenses: ~$174,500

Net Operating Income (pre-D&A, tax): –$12,778 (near breakeven)
Net Income (after D&A + NYS tax): –$89,929

Investment Summary

—This business is not priced on current earnings.—
Value is anchored in location, buildout, liquor license, and long-term lease runway.

Losses are driven by absentee ownership, elevated labor, and subcontractor reliance — not demand or margins.

A hands-on owner-operator or hospitality group can materially improve performance through labor optimization and direct management, without relying on revenue growth.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION