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Sports Bar And Grill In New York County For Sale

New York County, New York
Asking Price:
$600,000 (USD)
Sales Revenue:
$1,332,299 (USD)
Cash Flow:
$250,806 (USD)

Right across the street from a major NYC university and its dormitories, this College Sports Bar & Grill with Full Liquor License packs them in almost every night into the early morning hours during the school year. Open 11am-2am Sunday-Thursday and 11am-4am Friday-Saturday. There are 17 years left on the lease, inclusive of options. 73% of sales are on credit card, the rest in cash. A separate entertainment room accommodates events Saturday nights and for the the overflow of customers during football season. 16 beers on tap, 10 by the bottle. The food menu was just upgraded under a new chef. Very little competition in the immediate neighborhood. Built from scratch 3 years ago, one of the founding partners passed away and the other two now need to sell, as they each have full time jobs to attend to away from this College Sports Bar & Grill they helped create. All sales are recorded on a POS system. Please be very discreet when visiting, as the employees and customer do not know the business is for sale. If you would like to take the next step, the listing broker Jay Goldman will make an appointment for you to meet with the sellers soon afterwards.

Property information

Real Estate:


Business Operation

Reasons for selling:

One of the founding partners recently passed away and the other ones now need to sell.


Other Information

Support & training:

The seller will train the new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

500,000.00 Down & The seller will finance $100K at 6% over 24 months

Furniture / Fixtures value:
$80,000 (USD)
Inventory / Stock value:
$50,000 (USD)

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