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Posted: Tuesday, March 13, 2018 1:09 PM


Established Bar Pub

Business Description: The location of this bar pub is on one of the busiest roads on Long Island. The bar is 3,500 Sq. Ft. with another connecting 1,000 Sq. FT building, for parties and catering.
Both have private patios. The bar has 22 taps and 3 walk-ins, full kitchen, 11 TVs and 2 55 inch TVs in the party room.
This bar comes with an incredible camera system, with 32 cameras. The bar also has a brand new heating system and POS system.
The bars monthly rent is only $7,850 which includes building insurance and has a great lease for 10 years plus 5-year option.
The gross revenue is $650,000 annual plus income from OTB, Lotto, and games.
After all, expenses are paid, the net cash flow is $105,000 per year plus income from OTB, Lotto, and games.
Seller is selling due to health reasons.
This is truly a great opportunity for a new owner. Please contact the broker at 1-877-735-5224.

Asking Price: $140,500.00

Gross Revenue: $650,000.00

Owner's Cash Flow: $105,000.00

Down Payment: $110,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Long Island, Suffolk County

• Post ID: 163501927 newyork

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