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Prime Irish Pub & Grille In New York For Sale

New York County, New York, US
Asking Price:
$1,150,000
Sales Revenue:
$1,500,000
Cash Flow:
$300,000

Prime Irish Pub & Grille in Lower Mid-Town. Strong sales rebound in 2021! 2022 continues to rend upwards. This is the best time to get in and ride the recovery wave. This is a spacious 2,000 sq. ft. space with full kitchen and 35 ft. 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 10 years left on lease at a rent of $13K/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 rends for 2022 are track 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! Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Owner moving.

Employees:
5FT/5PT
Years established:
2012

Other Information

Support & training:

Seller will train

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

1,150,000.00 Down & Possible for a qualified buyer.

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