3300 Square Feet Food Service Space - 24702

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$35,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: 3300 Square Feet Food Service Space - 24702 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $35,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 85084447
Broker Reference #: 24702

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Business Overview:

Huge 3,300 square feet Food Service Space for Rent! Formerly a Bar with Kitchen. This is a huge space ideal for any retail or food service business from bar/restaurant/nightclub to pizzeria, deli or c-store. You could even put in a 99c store or general retail business. Also equipped with a full kitchen with hood system. The sky is the limit. We will deal directly with the landlord. He is offering a 10 year lease with two 5 year options (20 years), triple net starting at $5,000/month. 2012 Gross Sales were approx. $364,000 (generated almost entirely from liquor and beer 95%) with a Net Income of approx. $97,300.00. There are 10 years remaining on the lease (5 5) with only 3% yearly rent increases. Location is priced to sell and will not last. Looking for serious cash offers from anyone with bar/nightclub/restaurant experience. Please Contact Your Local Vested Business Broker, Mel Vaz For More Information.

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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 not a franchise resale opportunity.

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