Owner Financing is Available
Business Overview:
This "Attractive " Neighborhood Pub & Sports Bar was recently "Renovated" only 9-months ago. It is located in a Strip Center with plenty of parking on the North Shore of Suffolk County. The Bar has "All New" Mahogany & Oak Booths, 9-New Flat Screen TV's, Direct TV with the NFL Package, New Bar Stools, New Flooring and a Surveillance System. The Premise is approximately 1,600 square feet with a monthly Rent of $5,335 (Includes Tax & Common Charges) and a 7-year lease. This Bar is operated "Totally Absentee" and still has a "High Net." It has no Kitchen, thus is "Extremely Easy To Manage." The Seller may Finance to the right buyer with 60% down, balance due over 5-years at 7%. Great Opportunity Owner Absentee.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The Bar is 1,600 square feet with a 16-stool Bar plus New Booths, 9-New TV's, Direct TV with NFL Package, Surveillance System. Games, Pool Table. It was "Renovated" just 9 months ago and has a 7-year lease with a monthly Rental of $5,335 month.
Market Competition and Expansion:
There is plenty of room for growth. The Seller operates this Bar "Totally Absentee" and does "No Advertising."
Reason for Selling:
Seller would like to relocate
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.