Commercial Space with Liquor License, Seating 160.

Featured on BusinessForSale.com . 58 viewed

Asking Price

$699,000

FOR SALE - ACTIVE

Detailed Information

Location

Staten Island, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This opportunity involves a spacious 2,500 square foot commercial space with a full basement and parking facilities. The business operates with a 15-year lease and caters to a capacity of 160 seats, supported by a total of 20 employees. A key feature of this establishment is its liquor license, and the current owner is fully absentee. Additionally, there is a possibility to purchase the property, and a hands-on owner could significantly enhance the operations. The business boasts a prime location and is well-equipped to continue flourishing. Its absentee ownership allows for a seamless transition for a new owner to take over and potentially further elevate operations. With the option to acquire the property, there is an opportunity to secure a long-term investment in addition to the business itself. A proactive owner actively involved in the day-to-day operations could bring about substantial growth and success to the enterprise. This establishment presents an enticing venture for an entrepreneur looking to step into a well-established business with growth potential. With a solid foundation in place

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