Business Overview:
Currently Operating Bar/Restaurant and Property for sale for $750,000 (business is $99,000, business and building together are $750,000). Building is being sold through PMTG Realty. This is a very unique deal. You will be dealing directly with the landlord to purchase a 3,000 sq. ft. building with its own parking lot (plus municipal parking across the street), full restaurant kitchen and basement. It is a corner location on a main street on the South Shore of Suffolk County. Property Taxes are $12,174.00. There is a currently operating bar/restaurant in the space, but the tenants lease has run out and they cannot afford to buy the building. The landlord has been gracious in offering them a month to month lease until a suitable buyer comes along. This is a very rare opportunity to buy a building with a profitable, operating business inside. The business and building are $750K. You can take over the bar/restaurant and continue to operate or change the concept. The landlord is flexible on the purpose provided it is legal and reasonable. The landlord is also willing to hold a mortgage for any buyer with good credit and 30% down provided that the business is no longer used as a bar. All buyers must be prepared to show Proof of Funds for at least $200k and their credit report. If you fit these criteria, contact seller today.
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.
Reason for Selling:
personal
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 a franchise resale opportunity.
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