Bar/Restaurant South Shore Long Island (#22588)

Rockville Center, NY
Nassau County

Nassau County, Long Island


Asking Price: Annual Revenue:
$349,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bar/Restaurant South Shore Long Island (#22588) Broker: Ziggy Marszalek
Owner Financing is Available!
The owner will “hold some paper” for a qualified buyer.

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 9
BBN Listing #: 612349666
Broker Reference #: 22588

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Business Overview:

American Bistro Restaurant And Bar With Outside Area.
This is a totally renovated casual neighborhood American Bistro restaurant, that includes a huge bar and outside area. It is located on the South shore of Long Island, New York in both residential and commercial areas, and has a great location and parking. The seller currently runs absentee and the business is doing $23,000 to $25,000 a week with a profit of $175,000 to $200,000, all provable. The owner runs absentee but can’t be at multiple business locations.

Renovated Build-out:
The restaurant seats 90 and offers a creative American menu, as well as a thought-out beer, wine, and cocktail list. The buildout includes an expanded dining room, a copper-topped bar, high-top tables, and flat-screen TVs. It has a very favorable lease. It offers off-premises catering and in-house party catering.

Possible Owner Financing:
The owner will “hold some paper” for a qualified buyer.
Amount: $99,000
Months Left: 36
Rate: 7.000000000000001%
Monthly Payment: $3,056.83

Reason For Sale:
The owner runs absentee but can’t be at their multiple businesses.

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Property Features and Assets:

Renovated Buildout: The restaurant seats 90 and offers a creative American menu, as well as a thought-out beer, wine, and cocktail list. The buildout includes an expanded dining room, a copper-topped bar, high-top tables, and flat-screen TVs. It has a very favorable lease. It offers off-premises catering and in-house party catering. Monthly Rent: $8,400 Lease Ends: 2034-01-01 Area: 4,000 sq/ft Building Type: Attached Terms and Options: 3%

Market Competition and Expansion:

Ask broker for details.

Reason for Selling:

Other businesses to run.

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.

Relevant Links:

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