Location: Bellerose, NY
Industry: Bars & Restaurants
Listing ID: 1557768
MOTIVATED SELLER! MAKE AN OFFER TODAY!
This boutique sports bar and restaurant business is a neighborhood gem with prime location and under market lease with a loyal customer base and significant upside potential. It offers a unique concept and is located on a street with another well known complementary business without a liquor license. This business holds a liquor license that can serve from 11am to 4am. Close proximity to a 2-3k residential community.
Down Payment: $90,000
Total Sales: $260,000
Cash Flow: $60,000
FFE: $100,000 (Included in Price)
Inventory: $3,500 (Included in Price)
Reason For Sale:
Training & Support:
Seller will train for 3 weeks at no cost.
Year Established: 2017
Monthly Rent: 3000
Square Footage: 1400
The bar area is approximately 700 sq ft, plus an additional 700 sq ft for the back kitchen. There is also a large 1200 sq ft basement.
Unique concept in high traffic area with loyal customer base . Located on a street with a highly patronized complementary business that lacks a liquor license. Maintains a liquor license with rights to serve alcohol from 11am to 4am. There is an opportunity to expand the bar and restaurant an additional 700 sq ft by leasing the real estate next door. Below market lease.
The new owner has numerous ways they can grow the business, including extension of business hours, offering a lunch menu, increasing online presence, sales and delivery. Currently there is no marketing being done.