Property ID : SPL25.415
For Sale $50,000.00 - Bar/Lounge
DESCRIPTION:
- A newly remodeled 2,000 square foot Bar and Grill located in the Webster, NY Village area
- The menu is from a local Pizzeria nearby. The owner receives a percentage sold with no kitchen overhead
- This Bar and Grill has been operating for 5 years and has a very loyal clientele
- It has an outdoor patio with seating up to 50
- There is plenty of off-street parking with easy access
- Hours of business are Monday – Thursday 4:00 PM – 12 AM Friday and Saturday 12PM – 2:00 AM
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, Fixtures, and Equipment at a fair market total value of $ 25,000
- Inventory at cost of $ 2,000.
LEASE ARRANGEMENTS:
- The current gross rent is $1,688 a month
- A new Long-term lease can be negotiated with the Landlord.
REPORTED SALLES
2021 | 2020 | 2019 | |
SALES | $ 155,886 | $ 101,375 | $ 165,967 |
PRICE/FINANCING:
- The asking price is $ 50,000.
- Seller will finance with at least 50% down to a qualified buyer.
COMMENTS:
This is a very nice owner-operator bar/tavern opportunity with very low overhead. Additional income not reported is Lotto, ATM, and darts totaling about a $1,000 a month.