Turn Key Resturant / Bar For Sale in Staten Island

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Turn Key Bar For Sale !
Asking Price:
$249,000

Gross Revenue:
$480,000
Cash Flow:
$240,000
EBITDA:
$240,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Ever dream of owning a sports bar!? Your opportunity is here! Turn key fully updated South Shore Sports Bar/Restaurant for sale! 15 flat screen TVs, 100-inch HD projector, brand new 18 camera security system, fully operating updated kitchen with every commercial kitchen appliance you can think of, large CO2 tank system, 2 large walk in coolers, and the list goes on! This well-established bar has a loyal and local following and is located at the end of a busy plaza, along a well traveled road for ample exposure. Indoor bar and table seating area to enjoy your cold drinks and food, dancing area for your night time entertainment, surround sounds systems to enjoy the hottest sports games, Outdoor area and huge parking lot. One of the best features about this bar is Glycol system (tap cooling system), on draft for the coldest foam free beers you'll ever serve. Over $25,000 was put into this bar 4 years ago to amplify the appearance including new bathrooms, granite counter tops, new POS system. All furniture, equipment and inventory stay for the new owner to start rocking and rolling! Lease is $5,100/month with 10 years left of the triple net lease, with one 5-year option. Highly motivated seller! Make your appointment today!

About the Business

Year Established:
2014
Number of Employees:
10
Home Based:
Yes
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About the Sale

Reason For Selling:
Owner is moving to another state
Seller Financing:
seller will hold a small note

Listing Info

ID:
1524938
Ad Detail Views:
606

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Business Listed by

Allison Mireau

Weichert Realtors
License# 10401256468

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