*Bank Ready* Bar- Restaurant 3 Floors- Midtown East $35k Wkly

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*Bank Ready* Bar- Restaurant 3 Floors- Midtown East $35k Wkly
Asking Price:
$595,000

Gross Revenue:
$1,700,000
Cash Flow:
$245,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

BANK READY 1800 square feet 15 seats at the bar 5 double Toppers at the bar 40 seats in the dining room area fun cartoonish pub / bar with great happy hour and potential for upscale Oyster Bar. Entire building Master Lease with potential for income on commercial use upstairs. Full basement full kitchen 10-12 large screen flat tvs. Multi station POS system, 4 a.m. liquor license. This place is ready for any bar / rest owner to take to another level. Currently and just started room service with the hotel next door. 60% Alcohol and 40% Food ... This is definitely worth a look

About the Business

Real Estate:
Leased
Building Sq. Ft.:
4,000
Rent:
$16,000.00 Per Month
Lease Expiration:
4/16/2038
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
other business interests
Training/Support:
Seller willing to train new owner
Seller Financing:
100000

Listing Info

ID:
1626117
Ad Detail Views:
0

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Business Listed by

Henry Galasso

East Coast Stores LLC, NYC

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