Successful Restaurant & Bar in Pearl River, NY

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This listing is: Off Market

Background

BizEx ID:BizEx461-SM
General Location:Pearl River, NY
Category: Restaurant
Years in Business:27
Under Present Owner:7
Hours of Operation:11 am - 10 pm
Owner Hours:Varies
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:Sept 2016
Lease Options:1- 10 year option
Building Size:3,400
Employees:10
Reason for Sale:Relocation

Financials

Asking Price:$295,950
Down Payment:Negotiable
Gross Sales:$429,428
Discretionary Cash Flow:$154,725
FF&E:$172,090
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,450
Payroll:$18
Financing:Call

2011 2010 2009
Gross Sales $ 444,498 $ 581,963 $ 589,989
Gross Profit $ 304,425 $ 453,904 $ 452,883
Disc. Earnings $ 154,725 $ 200,416 $ 208,073

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations