Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

VooDoo BBQ & Grill Franchise Opportunity

Doc Popcorn Franchise Opportunity

Wings Etc. Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Bar & Grill Wings - Unique Concept
Location: United States -> New York -> Suffolk County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Unique Concept. This owner put a different spin on a bar, grill and wings and it is working. Located in a densely populated and affluent area of N.Shore Suffolk County, this business offers 2,400 sq. ft. and over 40 parking spaces. They have 30 flat screen tv's to catch every sporting event and a full size bar. There are 11 years (6 5) left on the current lease with a rent of $10,395 (which includes taxes, garbage, cesspool and grease trap maintenance fees, water, landscaping, snow removal, fire alarm, outside lighting and sprinklers). In the past year the business grossed approx. $1,274,000 (30% bar, 70% food) with a net cash flow of approx. $177,590. There is upside in bringing down the current food cost of 45%, adding delivery, and pushing take-out (currently only 2% of sales). They have no advertising budget. We are seeking a serious and financially qualified buyer with at least $240K in liquid funds for the downpayment and $15K for the rent security.

ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,174,194
Cash Flow:   $177,590
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller will train the new owner.
Reason For Selling:  Manager is retiring.

Photos

View Larger Photo(s) Of Business
Bar & Grill Wings - Unique Concept Photo 1 Bar & Grill Wings - Unique Concept Photo 2




Print Listing Id: 700287595
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700287595
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.