Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Attractive Restaurant Seats 80 plus Bar

Suffolk, S. Shore, NY

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$139,000
$275,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
8
49415425
Owner Financing is Available!
Seller prefers a Cash-out Offer, but may finance with strong down payment

Business Overview:

This Attractive Restaurant & Bar is a Free Standing Building with a legal capacity for 89 people. It is located of the South Shore of Suffolk County near the Islip area. The Restaurant is approximately 2,000 square feet plus an 800 square feet basement with plenty of parking. It has a Main Dinning Room with a 12-Stool bar and 2-Cozy Smaller Dinning Rooms with fireplaces (perfect for small catering parties). If you'd like, you can serve lunch or dinner in the summertime on the "Outdoor Porch." The Seller is Retiring, he only Opens 5-Days per week for Dinner from 5 PM - 10 PM. The Restaurant has a "New" 10-year Lease with a monthly rental fee of only $3,200 (includes property taxes) only goes up 2% per year. This Restaurant is Perfect for any Type of Small Restaurant or Pub Venue.

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 Restaurant is approximately 2,000 square feet plus an 800 square feet basement with plenty of parking. It has a Main Dinning Room with a 12-Stool bar and 2-Smaller Dinning Rooms with fireplaces.

Market Competition and Expansion:

This Restaurant is only Open 5-Days per week for Dinner from 5 PM - 10 PM. The Seller does no advertising at all for many years. You can "increase sales" by opening 7-Days a week for Lunch & Dinner. You can also open the "Outdoor Porch" in the summertime for lunch. There is a Cove area that used to be a Bandstand, which presently has tables in it that can be used for a piano /vocalist or small band on for additional bar business. It also has 3-dinning rooms, which are perfect for small private catering parties.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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.
 

Please Note: The New York Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these New York businesses for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.