- Listing ID: 900951
- (Seller ref: BAR140)
Sports Bar & Lounge With Live Entertainment NY For Sale
- Location:
-
- USA
- > North East
- > New York
- > Richmond County
- > Richmond County
- Category:
- Type:
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Summary
- Asking price:
- $325,000 (Furniture / Fixtures included)
- Sales revenue:
- $623,000
- Cash flow:
- $92,000
- Years established:
- 24
- Employees:
- 15
Business description
A Sports Bar & Lounge with live entertainment located on a main avenue and prime area of Staten Island, New York. The location offers Sports viewing, Live music and great food and drinks with excellent service. The facility includes 12 flat screen TVs and also offers Darts and a Billiard parlor on the second floor. The business often has theme nights and local entertainers as well as daily specials, which attracts plenty of repeat customers. The business enjoys a wonderful reputation for great entertainment in a cozy atmosphere. The business produces annual sales of approximately $650,000 with a substantial net profit for the current owner. The current owner now wishes to relocate out of the area and will consider financing to a qualified purchaser. This is a super opportunity with seller financing!
Property information
- Real Estate:
- Lease
- Lease terms:
- An existing lease is available for transfer with 2 addiitonal 5 year options. Monthly rent plus taxes is $5,000.
- Leasehold rent:
- $60,000 per annum
- Location:
- Bar facility consists of 2,500 square feet with a large lounge area, a full kitchen and a seating area on the main floor.
- Premises details:
- A liquor license, entertainment approval and ample parking are included in the sale.
- Size in square feet:
- 2,500
Other information
- Expansion potential:
- With onsite ownership and an improved marketing plan this business can be further developed.
- Competition / Market:
- Limited competition is located in this particular area of Staten Island, New York.
- Support & training:
- Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.
- Reasons for selling:
- Relocating to Florida and out of the food industry.
- Trading hours:
- Monday thru Sunday
11:00 am to 12:00am
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller financing is available
- Furniture / Fixtures value:
- $195,000 (included in the asking price)
- Inventory / Stock value:
- $6,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- USA
- > North East
- > New York
- > Richmond County
- > Richmond County
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