Business Description

A unique opportunity is available to acquire 35% ownership in a thriving New York City business located in a prime neighborhood. The business features a low rent set at only 5% of sales and holds a Full Liquor License allowing operation until 4 am, with no food service. This rare chance offers a 100% absentee ownership option as the partner's shares do not involve any operational duties, though the purchaser can choose a more hands-on role to drive sales and profits. The expected earnings for the purchaser would be around 35% of the total bar income. The existing partners are in agreement with this opportunity, and potential purchasers will have the chance to meet with the operational partners at a later stage. Those interested in this offer can refer to listing #15511 for more details.