Pool Hall & Lounge - 27574

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$550,000 $700,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Pool Hall & Lounge - 27574 Broker: Jim Aloi

Quick Facts

Asking Price: $550,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 14
BBN Listing #: 51084447
Broker Reference #: 27574

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Business Overview:

NYC Style 5,000 Square Foot combination of entertainment and style. professional billiards, grill, sports bar and lounge is centrally located on Long Island It is complete with a full gourmet menu, unrivaled by any other bar & grill in the area. Enjoy beautiful NYC lounge seating with state of the art audio, visual and lighting with the hottest in entertainment including bands and live DJs that will make you dance the night away. This lounge is also the perfect setting for a date night, night out with friends, Catering available for private parties With Several large screen TVs, it is also a great spot to catch the latest sporting events broadcasting a wide array of fights and games all year round. lots of parking attractive lease good landlord 9 years left but buyer should be able to get 5 years option. Rent Only $7,200 all! It would cost over 1 million dollars to duplicate this state of the art fully updated listing. Buyer who is hands on can Easily double present numbers Seller operates very large company he owns and has no time or prior retail experience. Contact Broker Jim Aloi For detail Please be ready to Send Proof of Funds For this rare find! Note this place does not open till 3pm Hands on experienced buyer will net about $250,000 by cutting payroll This is with out even counting increasing present business.

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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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