Old Fashioned NYC Bar For Sale 12295

Location: New York, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $325,000
Cash flow: $149,928
Revenue: $590,581
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

A GREAT, OLD FASHIONED, DOWNTOWN, DIVE BAR. Inebriating Tribeca locals for over 27 years. This rustic, no-frills watering hole is the true embodiment of a dive bar, with its well-worn wooden furnishings enhanced by rickety metal bar stools with beat-up green vinyl seats, and fireplace...and this is the way the owner wants it. The patronage is mostly of the Bud-chugging, pool-playing type persuasion, except it does fill up with homebound office folks...including ladies...for a little while after work. Later in the evening, the place enjoys a lively mixed group. One of the first downtown businesses to re-open following September 11th. Even though the bar is throw back, it flourishes at the heart of the "Hot and Trendy" Tribeca. Many upscale condos, a brand new Hotel, and businesses opening all around the area. This could be a very special operation for the right buyer with vision. Owner runs this business mostly absentee. Fully fixtured high ceiling basement that was once used as a night club. No food, but could add light fare. Many unique features. Outstanding, new 10 years lease, below market. Fun, place with great possibilities. The name is golden and famous.

General Information

Reason Selling: other business interests

Number of Employees: 8
Year Established: 1982