35% Passive Partnership in NYC Bar

This listing presents a unique opportunity to acquire a 35% passive partnership stake in a thriving bar located in a highly desirable neighborhood in New York City. The business boasts impressive financial performance, with the full entity generating $2,300,000 in revenue and $811,000 in cash flow. This offering is structured as a true absentee ownership opportunity, meaning the partner whose share is being sold has no operational responsibilities, making it ideal for an investor seeking passive income. The business holds a full liquor license, operates until 4 am, and has minimal rent expenses (5% of sales). The purchaser has the flexibility to become more involved to potentially drive further growth. All existing partners are in agreement with this structure. Listing ID: 15511.