Nassau Bar Pub In The Heart Of Town For Sale

Business description

This Bar /Pub is located on Main Street in the "Heart" of Town on Nassau Counties N. Shore. The Seller presently operates it "Absentee" and nets $70,000 per year. He must pay a manager to run his business for him. An experienced "Hands-on" Owner should be able to eliminate the manager and net over $100,000 plus per year. The Bar /Pub is "Fully Equipped" with a "Full Kitchen", Table seating and Booths, Large Bar, TVs, Private Office and a Full Surveillance System. The Rent is $5000 plus taxes per month with a 6-year lease.
*Great Opportunity* *Great Location*

Property information

Location:

1750 sq ft with a full basement,, full kitchen, large bar, TV's, "Great Exposure" located on Main Street in the "Heart" of Town on Nassau Counties N. Shore.

Premises details:

The Bar /Pub is "Fully Equipped" with a "Full Kitchen", Table seating and Booths, Large Bar, TVs, Private Office and a Full Surveillance System. The Rent is $5000 plus taxes per month with a 6-year lease.

Other information

Expansion potential:

The seller's main job has taken him out of town and although he was operating his business semi-absentee, he now has no time for it. The Seller does very little advertising and does not promote his food menu or have entertainment, so there is plenty of room to increase the business.

Competition / Market:

There is only one other Restaurant that is a Bar/Pub in the area

Support & training:

Seller will help train

Reasons for selling:

The seller's main job is taking him out of town to often and he has no time for it at all.

Trading hours:

7-Days

Financing available:

Seller will finance to an experienced operator with 60% down

Furniture / Fixtures value:

$145,000 (included in the asking price)

Related documents:

• 
• Confidentiality Agreement