Buy a Bar/Restaurant Business in Westchester County, New York

Business: Buy a Bar/Restaurant Business
County, State: Westchester County, New York
Business Type: Bar/Tavern/Night Clubs, Restaurant/Cafes, Other Eating & Drinking Places

Summary Description

Steak and seafood restaurant with beautiful bar located in river town with outdoor patio and tiki bar. Offers live entertainment, comfortably seats 49 inside with room for another 36 on the patio. Sales reported are projections for 1st year, as building was remodeled in early 2004. Bar sales account for about 50% of total. Everything in the building was recently updated including electric, furnace, all mechanicals. Seller has other interests that he must tend to so is looking for a quick sale. Inside decor is a "fishing/nautical" theme with walls covered with fishing equipment, actual crocodile heads, etc. In addition to the restaurant, there is a 3-bedroom apartment upstairs that rents for $1500/mth. Bar game machines recently added generating another $300/week. Seller motivated and will entertain all offers.

About the Sale

Asking price: $150,000 (USD)

Financing:$150,000 down

Total Revenues:$368,000 (USD)

Cash Flow:$22,150 (USD)

Reason Selling:relocating

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.