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Restaurant and Bar for Sale in California, United States

Trendy upscale Bar & Restaurant in Manhattan seeking Exit.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 400 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 15 %
Industries Restaurants and Bars
Locations  California
Local Time 1:02 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: USD 1,000,000)
Reason: We are venturing into a new domain altogether.
Includes physical assets worth USD 1 thousand
Documents
Business Overview
We are one of the best upscale pub styled bar & restaurant in lower Manhattan area surrounded by many offices. We are a destination in the evening for office crowd post working hours and for youngsters later in the night.
Products & Services Overview
We specialize in European &; American cuisine and have a fantastic bar menu to offer. There's something for everyone. We have events almost every other night.
Assets Overview
Restuarant furniture and kitchen equitment will be part of the sale.
Facilities Overview
Approx built up area including the back office is about 2000 sq. feet of which serviceable area will be around 1800 sq feet. We have an Indoor bar area and outdoor.
Capitalization Overview
Self funded by the promoter and the group.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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