For Sale: Profitable Historic Latin Bar – Orange County, NY
Business Description
Established Latin bar and entertainment venue located in the heart of Newburgh, NY, offering exceptional profitability and growth potential. This turnkey operation has been successfully serving the Orange County community since 2017, generating impressive annual revenue of $1,200,000 with strong EBITDA of $360,000.
BUSINESS HIGHLIGHTS:
• Monthly revenue exceeding $100,000 with consistent cash flow
• Strong profit margins with over $20,000 monthly net profit
• Diverse payment mix: 60% cash, 40% credit card transactions
• Prime high-traffic location in one of the county's busiest entertainment districts
• Loyal customer base with strong community presence
• Currently operates Thursday through Sunday with significant expansion opportunity
OPERATIONAL ADVANTAGES:
• Turnkey operation with experienced staff of 5 employees
• Absentee owner operation demonstrating strong management systems
• Excellent lease terms at $3,400 monthly for 2,500 square feet
• Established since 2017 with proven track record
• Inventory valued at $50,000
GROWTH POTENTIAL:
Significant opportunity to increase revenue by expanding operating days from current 4-day schedule to full week operation. Current limited schedule demonstrates untapped market potential.
FINANCIALS:
• Asking Price: $199,999
• Annual Revenue: $1,200,000
• EBITDA: $360,000
• Monthly Lease: $3,400
• Revenue Multiple: 0.17x
The current owner is selling due to other business commitments and inability to dedicate sufficient time to maximize this opportunity. Post-sale support will be provided to ensure smooth transition.
This represents an exceptional opportunity to acquire a profitable, established entertainment venue in a prime Orange County location with immediate cash flow and substantial growth potential through expanded operations.
BUSINESS HIGHLIGHTS:
• Monthly revenue exceeding $100,000 with consistent cash flow
• Strong profit margins with over $20,000 monthly net profit
• Diverse payment mix: 60% cash, 40% credit card transactions
• Prime high-traffic location in one of the county's busiest entertainment districts
• Loyal customer base with strong community presence
• Currently operates Thursday through Sunday with significant expansion opportunity
OPERATIONAL ADVANTAGES:
• Turnkey operation with experienced staff of 5 employees
• Absentee owner operation demonstrating strong management systems
• Excellent lease terms at $3,400 monthly for 2,500 square feet
• Established since 2017 with proven track record
• Inventory valued at $50,000
GROWTH POTENTIAL:
Significant opportunity to increase revenue by expanding operating days from current 4-day schedule to full week operation. Current limited schedule demonstrates untapped market potential.
FINANCIALS:
• Asking Price: $199,999
• Annual Revenue: $1,200,000
• EBITDA: $360,000
• Monthly Lease: $3,400
• Revenue Multiple: 0.17x
The current owner is selling due to other business commitments and inability to dedicate sufficient time to maximize this opportunity. Post-sale support will be provided to ensure smooth transition.
This represents an exceptional opportunity to acquire a profitable, established entertainment venue in a prime Orange County location with immediate cash flow and substantial growth potential through expanded operations.
About the Business
- Years in Operation
- 8
- Employees
- 5
- Facilities & Assets
- For Sale: Profitable Historic Latin Bar – Orange County, NY ?
Sale Price: $199,999 + Inventory
Over $20,000 Monthly Net Profit
Prime Location – High Foot Traffic
One of the Busiest Bars in the County
Step into a once-in-a-lifetime opportunity to own a piece of Orange County history! This 100+ year-old bar is a local legend and one of the most active Latin bars in the area, drawing crowds nightly and known for its vibrant energy, music, and loyal clientele. - Market Outlook / Competition
- None
- Opportunities for Growth
- Right Now Only Open Thursday To Sunday . New Owners Can Open Everyday !!!
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $3,400.00 per month
About the Sale
- Seller Motivation
- Owner operates other businesses and does not have enough time
- Transition Support
- Yes
Listing Info
- ID
- 2385814
- Listing Views
- 210
Attached DocumentsAttachment Disclaimer
Listing ID: 2385814 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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