5 Day Pub Restaurant & 2 Party Rooms - New Lease

Lynbrook, NY
Nassau County

Asking Price: Annual Revenue:
$575,000 $1,144,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: 5 Day Pub Restaurant & 2 Party Rooms - New Lease Broker: Henry GALASSO
Owner Financing is Available!

Quick Facts

Asking Price: $575,000
Annual Revenue: $1,144,000
Net Profit: Not Disclosed
Cash Flow: $209,478
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 595235273
Broker Reference #: 11728

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Business Overview:

Finally On The Market!! Well known Nassau County Bar / Restaurant / Fine Food & Catering. Current owners are ready to retire after running very successful businesses including this one for the past 35 yrs. This location is currently doing $22k weekly , closed Monday & Tuesday & not doing lunch right now. Current owner invested over $800k in Renovations , FF & E into this turn key , fully staffed location. Whether it's fine food , Sunday football , or looking for a place to have a party , this location can accommodate all. With 245 seats on the C/O in the dining room and 2 party rooms with additional 150 seats total , there is so much potential to grow this business even more with an eager , experienced operator. Surrounded by office buildings , commercial , industrial and some residential this location does 300 parties a year and can verify every one of them. Other areas that the current owner does not take advantage of to increase sales is Online Ordering , Social Media , Deliveries , Live music or DJ , and your own unique touch.. Full 4am liquor license. New HVAC , camera system , sprinklers & alarm. Full kitchen and a half with all top of the line well maintained equipment. All sales verifiable through POS.

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Reason for Selling:

Other business interests

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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