Profitable Bar “Nets $70K” For Sale

Business description

This “Profitable Bar” Nets approximately $70,000 per year to the owner. It is in “Excellent Condition” with 6 TV’s, a Beautiful, Large Bar, Cocktail Seating Area, Pool Table, Darts, Games and a DJ or Live Band every Friday and Saturday. This Store was totally renovated just 4 years ago at a cost of over $80,000. The size of the Store is 1600 sq. ft. with a 1/3 basement, private office and plenty of parking. This business is “Easy to Operate” due to the fact that it “does not have a kitchen,” thus there are “No Chef “or Food Problems to deal with. The Lease is 15-yrs.(5 yr plus two 5-yr options) with a Monthly Rent of only $3,486 (includes Tax & Cam). The Seller will hold notes with 60% down or get the “Best Price” with a Cash Out Offer.
"DON'T WAIT ON THIS ONE."
For more info, call John Stefan (631) 473-2973.

Property information

Real Estate:

Lease

Lease terms:

The Lease is 15-yrs (5 yr plus two 5-yr options) with a Monthly Rent of only $3,486 (includes Tax & Cam).

Location:

1600 sq ft with an 15-yr Lease, Rent is only $3,486 (includes Tax & Cam), a full basement and a private office, located on a “4-Lane Major Highway” on the North Shore of Suffolk County.

Other information

Support & training:

Yes

Reasons for selling:

The business is too far away from the seller's home. Must travel back and forth 2X a day.

Trading hours:

7 days from 12pm - 2am, Fri. - Sat. till 4am

Financing available:

The Seller will hold notes with 60% down or get the “Best Price” with a Cash Out Offer.

Furniture / Fixtures value:

$100,000

Inventory / Stock value:

$2,000

Related documents:

• 
• Confidentiality Agreement