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Pub And Grille In New York County For Sale

New York County, New York, US
Asking Price:
$299,000
Sales Revenue:
$1,300,000
Cash Flow:
$250,000

Prime Irish Pub & Grille in Lower Mid-Town. Outdoor accommodations have been made due to Covid. If you have liquid funds and patience this is the best time to get in, renegotiate the lease and set yourself up for a goldmine over the next 5 to 10 years. 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 $17K/mth. For a qualified buyer with good credit, the lease and rent are negotiable due to Covid. In the past year the business grossed approx. $1,300,000.00 with a cash flow of approx. $250,000.00. We are seeking a serious and financially qualified buyer with at least $384K in liquid funds to cover the asking price, plus $85K in rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

Paste this link into your browser https://www.vestedbb.com/lid-31481 for instant access to this business information.

Business Operation

Reasons for selling:

Owner moving

Employees:
5FT/5PT
Years established:
2010

Other Information

Support & training:

Seller will train

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

299,000.00 Down & Possible for a qualified buyer.

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

Contact Information

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