Historic NYC Bar and Restaurant - Absent

New York

  • Asking Price: $160,000
  • Gross Income: $518,411
  • Cash Flow: $58,116
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $7,500
  • Listing ID: #215128
  • Established: Not Disclosed
  • Employees: 7

Business Description

This is an opportunity of a lifetime to own a piece of history. This well-known historic bar has huge ties to the local community and a new owner would be in a great position to capitalize on such a fantastic opportunity. This established bar and restaurant is a turnkey operation with management in place allowing the owner operate mostly absentee.

The bar is very inviting and its nostalgic ambiance attracts repeat and new customers. The menu offers popular choices that are hits among customers. The owner has reinvested into the bar and restored the bar's historic attributes. Business revenues have grown over the years, however in the right hands of an experienced operator this bar has “untapped” potential.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $160,000
Gross Revenue: $518,411
Cash Flow: $58,116
FF&E: $7,500
Inventory: $4,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Capitalize on Media and TV publications. Offer local food delivery and expand on catering.

Reason for selling:

Owner seeking other business interests

Support & Training:

Support & Training Available

Contact Business Seller

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Business Listed By:

Kyle Griffith

The NYBB Group