Sunday, May 20, 2012

Restaurants for Sale in New York, New Jersey and Connecticut

Deli, Pizza, Bar, Lounge
(Food Related, Delicatessens; Alcohol Related, Bars ; Restaurants, Pizza Shops; Restaurants, Full-Service Restaurants; Restaurants, Limited-Service Restaurants)

New York City - New York

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: 72467
Status: Active

Listing Details

Listed Price: $800,000
Down Payment: $400,000
Total Sales: $2,000,000
SDE:
EBIT:
EBITDA:
FFE: Included?
Real Estate: Included?
Inventory: Included?
A/R: Included?
Default Image
Contact Information
Jay M. Inbar
1 Penn Plaza 36th Floor
New York , New York 10119
Office: 212-473-5000
Cell:
Fax:
Email: mainbar@inbargroup.com
www.inbargroup.com
Send Email To Agent
Reason for Sale: Owner wants to retire
Training: Available
Financing Terms: Available

Operations

Year Established: 20
Last Acquired:
Form of Ownership: Corporation
Home Based: No
Relocatable: No
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: 15 / Part Time: 5
Managers:
Hours: 6 DAYS
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire: 12/31/2023
Option: Yes
Lease Terms: 12 Years
Lease Security:
Monthly Rent: $7,500
Square Footage: 2000
Facilities:

Summary

Business Description: This is very unique place, Bar and Pizza place in front, then you walk to the back through the door you’ll see a very nice Bar Lounge with private place. Does around 40K per week, nett 6K-7K a week. Owner has a very good lease, 12 years straight, at $7 500, 00 per month, 2000 SQ feet. Very busy and nice place has a lot of potential to growth.
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth:
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