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Large, Local Nassau Bar with Kitchen on Busy Road 1486

Nassau , New York

Asking Price: Gross: Cash Flow:
$170,000 $312,000 Undisclosed

Real Estate:
$795,000 ( not included in the asking price)

Business Summary:
Located on a populated, high trafficking road, bar sales are $6000/week with 90% in liquor and 10% in food sales. Bar is open 7 nights a week and is available for a great price with a reasonably low down payment.

 
   
   
Facilities / Terms of Lease: 3000 sq. ft. bar with kitchen has seating for 80 in dining area with additional seating for 24 at the bar. Rent is $5500/month with additional yearly taxes. There is 10 years left on the lease with a 5-year option. Parking is available in the street and in rear parking lot.  
   
Competition: We are Long Island’s only exclusive brokerage firm for the food and beverage industry. We have over 150 listings for restaurants and bars for sale on our website, www.altsolut.net.  
   
Owner willing to finance: Seller is asking $75,000 down.  
 

 

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