• Listing ID: 1250764
  • (Seller ref: 20740)

Great Lounge In Kings County For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
$499,000
Sales revenue:
$516,000
Cash flow:
$323,577
Years established:
2011
Employees:
2/2

No image available

Very profitable Lounge netting over 300K located on the main avenue. This area continues to grow, once the NY Nets arena is built, according to the seller revenues should double. Comes with a great lease 9 years and a 5 year option with low rent. The lounge offers a variety of entertainment, from comedy night, karaoki, open mic and DJ.


Real Estate:
Lease

Support & training:
yes
Reasons for selling:
owns other properties, too busy
Financing available:
499,000 down & TBD
Furniture / Fixtures value:
$250,000
Inventory / Stock value:
$1,000

For more information about this business for sale, click the Contact Seller button.


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