Restaurant / Bar / Catering Hall / Night Club |

Port Jefferson, NY
Suffolk County


Asking Price: Annual Revenue:
$550,000 $1,684,045

Food & Beverage: Bars, Clubs, Nightspots


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RE: Restaurant / Bar / Catering Hall / Night Club | Broker: Henry Galasso
Owner Financing is Available!
$150,000

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,684,045
Net Profit: Not Disclosed
Cash Flow: $218,511
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 40
Employees: Not Disclosed
BBN Listing #: 182435273
Broker Reference #: 11693

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Business Overview:

Located on the North Shore of Long Island sits this Restaurant / Bar / Night Club & Catering Hall with breathtaking scenic views. In 2018 current owner closed for 3 months for renovations and updates and still did $1.7M in gross sales. Prior years and moving forward this location averages $2M gross yearly consistently. Current owner runs this place absentee and with a fully trained staff in place and an eager experienced operator you can bring this place to the next level , or continue operating at the current pace and make your money back in less than 3 years. With a qualified buyer the landlord will issue a very favoreable long term lease for this area. This location has been a staple in this community for over 40 years and will continue its success right along with the updates that this town has planned for the future. This is a win win situation and any experienced operator will see that with one look at this diamond in the rough. Hours of operation Monday - Thursday 3pm to 10pm. Friday & Saturday 11:30am to 11pm. Sunday 11:30am to 9pm. All financials are verifiable and will be introduced & explained to in detail with a qualified buyer.

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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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