MergerPlace

#1 Crafted Bar & Grill

New York (Orange)


  • Asking Price: $480,000
  • Gross Income: $750,000
  • Cash Flow: $240,380
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: Not Disclosed
  • Listing ID: #203899
  • Established: 45
  • Employees: 3 F/T 7 P/T

Business Description

45 year old bar is on the market as outstanding craft bar/gastro pub. Experienced huge growth since a full renovation in 2016. Seats 38 at tables plus 16 at the 27 foot poured concrete bar. Industrial décor, 12 rotating craft beer taps, 4 wines on tap. Signature craft cocktail program with solid profitable kitchen menu; food cost are on point. Located in a densely populated residential and commercial area serving a loyal neighborhood clientele, continues to draw new business as the area develops. Perfect for a first time bar owner. However, with sales at 750,000 it is prime for interested franchisers.


Business Details

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

Company Information

Year Established: 45
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 F/T 7 P/T

Financial Information

Asking Price: $480,000
Gross Revenue: $750,000
Cash Flow: $240,380
Inventory: $30,000
Seller Financing Available: No

Property Information

Facilities:

1700 sq. ft., all furnishing updated, plenty of parking, condition of facility is brand new. Lease term is great, 7+5 years, seats 38 at tables plus 16 at the 27 foot poured concrete bar. Industrial décor.

Growth & expansion opportunities:

Serving a loyal neighborhood clientele continues draw new business as the area develops. For a first time bar owned, however, with sales at $750,000- it is prime for interested franchisers. 45 year old bar is on the market as outstanding craft bar/ gastro pub.

Competition:

Family business-12 rotation craft beer taps, 4 wine on tap. Signature craft cocktail program with solid profitable kitchen menu; food cost are on point. Located in a densely populated residential and commercial area.

Reason for selling:

Other interest

Support & Training:

Training provided

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Glenn Misar

Executive Business Brokers