Sunday, May 20, 2012

Restaurants for Sale in New York, New Jersey and Connecticut

Restaurant / Bar / Lounge
(Alcohol Related, Taverns; Alcohol Related, Bars ; Alcohol Related, Cocktail Lounges)

Upper West Side - New York

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: 73137
Status: Active

Listing Details

Listed Price: $340,000
Down Payment:
Total Sales: $850,000
SDE:
EBIT:
EBITDA:
FFE: Included? No
Real Estate: Included?
Inventory: $15,000 Included? Yes
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 open bigger place
Training: Available
Financing Terms:

Operations

Year Established: 2005
Last Acquired:
Form of Ownership: Corporation
Home Based:
Relocatable: No
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: 2 / Part Time: 7
Managers:
Hours: OPENS 7 DAYS TILL 400AM
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire: 11/28/2014
Option: YES
Lease Terms: will make out a new lease
Lease Security:
Monthly Rent:
Square Footage: 500
Facilities: Full bacement and kitchen

Summary

Business Description: This is a very cool place on the Upper West Side, very busy , small menu lounge, DJ Brunch does very well late at night, one of the best on the market, must to see, owner motivated. CALL FOR MORE DETAILS 212-473-5000.
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth: HAS a lot , will explain
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