search
Price $
Home > Long Island buy, sell, trade > Long Island business for sale

Posted: Tuesday, December 26, 2017 6:35 AM

Reply

Bar Grill Wings Unique Concept

Business Description: Unique Concept. This owner put a different spin on a bar, grill and wings and it is working.
Located in a densely populated and affluent area of N.Shore Suffolk County, this business offers 2,400 sq. ft. and over 40 parking spaces.
They have 30 flat screen tv's to catch every sporting event and a full size bar.
There are 11 years (6 5) left on the current lease with a rent of $10,395 (which includes taxes, garbage, cesspool and grease trap maintenance fees, water, landscaping,
snow removal, fire alarm, outside lighting and sprinklers). In the past year the business grossed approx. $1,274,000 (30% bar, 70% food) with a net cash flow of approx. $177,590.
There is upside in bringing down the current food cost of 45%, adding delivery, and pushing take-out (currently only 2% of sales).
They have no advertising budget. We are seeking a serious and financially qualified buyer with at least $240K in liquid funds for the downpayment and $15K for the rent security.
To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET.
PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Asking Price: $399,000.00

Gross Revenue: $1,174,194.00

Owner's Cash Flow: $177,590.00

Down Payment: $240,000.00

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: 142745257 longisland

Play it safe. Avoid Scammers.

Most of the time, transactions outside of your local area involving money orders, cashier checks, wire transfers or shipping (especially overseas shipping) are scams or frauds.

Report all scam attempts to abuse@backpage.com.

longisland.backpage.com is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017 backpage.com