Friday, May 13, 2011

Succeful Bar / Resataurant / Entertainment / Establishment - Manhattan Lower East Side

This is a very unique place as it is a combination bar/restaurant/live music venue in business over 10 years in Down Town Manhattan. Super High Visibility Corner on the border of lower east side and east village. Located right on a busy subway stop. 900 sq ft retail space currently 45 seats plus 10 at bar, charming decor, 2 bathrooms, fully vented open kitchen upstairs 1000 sq ft basement, prep kitchen , large walk-in, lockable liquor storage, office , 2 large storage areas, separate basement access for deliveries. Offers live entertainment by recognized performers from dinner time onwards seven days a week with a full liquor license. Corner Location, Full menu. This particular location itself is worth a lot of money. Just by opening for lunch will add 25% to the gross income. Operation serving hundreds of commuters traveling in the big city. In addition, they offer delivery and take-out to the vast residential neighborhood in the area. Sales currently average $10,000-$12,000 per week with a yearly Net Income of approx. $100,000 and over. Perfect for an owner/operator. Owner very motivated and will consider all offers. Price includes a full list of fixtures and equipment.


Gross sales: $850,000
Net Profit: $102,000

Now Only $ 295,000



Hours of Operation: Mon- Fri 5.30-12 midnight/ Sat- Sun 12.00 Noon- 2AM

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