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Popular Nassau County Bar Semi-Absentee Ownership For Sale

Nassau County, New York, US
Asking Price:
$99,000 Furniture / Fixtures included
Sales Revenue:
$225,000
Cash Flow:
$55,000

HS Listing ID-72688


$99,000 Asking Price

$225,000 Gross Revenue

$55,000 Net Profit

Approximately 24% net profit margin

14 years in business

Semi-absentee ownership

Approximately 1,200 SF

Seating for approximately 16–18 bar stools and 10–12 high tops

8–10 bartenders with flexible scheduling

Approximately $2,000 inventory included

$3,819/month rent

Approximately 6 years remaining on lease

Shared shopping center parking

Loyal, established customer base

Significant upside by adding a full kitchen and food service

Low entry price for an established, profitable Nassau County bar

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$45,828 per annum

Size in square feet:
1,200

Business Operation

Reasons for selling:

Other business interests.

Years established:
14

Other Information

Support & training:

Yes.