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Great Bar And Grille In Albany County For Sale

Albany County, New York, US
Asking Price:
$275,000
Sales Revenue:
$500,000
Cash Flow:
$140,000

Great Bar & Grille. The current owner has spent the past 8 years building a loyal following and great reputation. It is time for a new buyer to take over and build on this. The business has a great location with ample parking. It is a spacious 2,400 sf. and can handle up to 150 patrons.

There are 9 years left on the current lease with a rent of only $3,150/mth (including taxes). They have a full liquor license and full kitchen with a hood system. In the past year the business grossed approx. $500,000.00 with an owner's cash flow of approx. $140,000.00.

You can keep the current concept or expand the offerings and menu. We are seeking a serious and financially qualified buyer with at least $190K in liquid funds to cover down payment.

To learn more, please call or email today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Business Operation

Reasons for selling:

Seeking a change of pace.

Employees:
9FT/2PT
Years established:
2015

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

190,000.00 Down & $85K over 3 yrs. @ 6%

Furniture / Fixtures value:
$150,000