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Irish Pub/Grille In New York For Sale

New York, US
Asking Price:
$1,150,000
Sales Revenue:
$1,700,000
Cash Flow:
$400,000

LISTING ID: 31481

Prime Irish Pub & Grille in Lower Mid- Midtown. Strong sales rebound in 2021! 2022 continues to trend upward. This is the best time to get in and ride the recovery wave. This is a spacious 2,000-square-foot space with full kitchen and 35-foot bar. They offer seating for up to 100, in addition to outdoor seating. The bar has a back room with a huge skylight. They offer 24 beers on tap and a full 4 am liquor license. There are 12 years left on lease at a rent of $15K/mth (reduced from $17K/mth pre-covid). In 2019, the business grossed approx. $1,300,000.00 with a cash flow of approx. $250,000.00. In 2021, they grossed $1,500,000. Current revenues for 2022 are even higher. We are seeking a serious and financially qualified buyer. Seller financing is possible. 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:

Owner is moving

Employees:
5 FT/5 PT
Years established:
10

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$20,000