Coffee and Cocktail Bar Purchase for $0 and Take Over Loan!!!
New York, NY
| Asking Price: | $1,000 |
| Gross Revenue: | $472,834 |
| Cash Flow: | $100,000 |
Listing ID: 2211425Listing provided by BizBuySell
BUSINESS DESCRIPTION
Amazing Opportunity
PLEASE READ FIRST - You will NEED a STRONG Personal Financial Background / Net Worth ($500k+) to do this deal.
This will be due to 1. The Landlords Wishes, 2. Taking over the eidl loan. 3. The Security Deposit Required by Landlord
Coffee and Cocktail Bar with Long Lease in Great Location
Historic Building and Currently Absentee
Coffee and Cocktail Bar with Long 15 Year Lease
Owner Lives Outside Area and is a Doctor
Currently absentee with management in place
UPON ASSUMING LOAN and REMAINING ABSENTEE Profitability will be around $100k
IF desiring to RUN THE PLACE AS A MANAGER Profitability might be around $167-200k
DETAILED INFORMATION
Location
New York, NY
Inventory
Included in asking price
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