Popular Bar and Restaurant Central Suffolk County

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$299,000 $1,400,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Bar and Restaurant Central Suffolk County Broker: Dominick Dicorcia
Owner Financing is Available!
Owner Terms:$100,000.00 Interest:4% Term Months:36

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 20
BBN Listing #: 530963707
Broker Reference #: 121948-806739

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Business Overview:

This established Bar and Restaurant is priced to sell. They have been operating under the same name for over 20 years. Located in a mixed residential office park area its great for the lunch and dinner crowd. It has also recently been renovated and is profitable. Catering parties are booked out for several months all the way to the end of the year giving the new owner a steady stream of income. This is an excellent opportunity to purchase an established Bar and Restaurant with plenty of room to grow the lunch and dinner business as you are surrounded by hundreds of other businesses. Return on your original investment is outstanding. The owners are looking to relocate so don't wait on this fantastic opportunity.

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Property Features and Assets:

Monthly Rent: $8,300.00 Square Units (Foot, Meter): 5,000 Lease Expiration Date: December 31, 1969, 4:33:00 PM

Reason for Selling:

owner wants 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.

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