Must Sell | Absentee Ran | Suffolk County Rest/Bar

Babylon, NY
Suffolk County


Asking Price: Annual Revenue:
$650,000 $1,740,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Must Sell | Absentee Ran | Suffolk County Rest/Bar Broker: Henry Galasso
Owner Financing is Available!
You can also purchase the Business and property together for $3M With Financing offered..$325,000

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,740,000
Net Profit: Not Disclosed
Cash Flow: $265,640
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 40
Employees: Not Disclosed
BBN Listing #: 982735273
Broker Reference #: 11331

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Business Overview:

Being Ran 100 % absentee sits this well Established over 70 yrs Sports Bar & Restaurant. This Location is a staple in the community with huge potential to grow off of the awesome business that it is doing now. Currently grossing 1.7M with a provable net of $260,000 , sales are increasing every year. Owners invested over $1M in renovations from top to bottom including all new electric and plumbing. Nothing more to do at this location except make real money. Landlord will negotiate a new lease with a qualified Buyer. With an owner operator you can relieve the $65,000 salary that the manager makes a year and instantly increase your net to $345,000. 70 seat party / catering room upstairs. Main dining room sits 100 with top of the line, state of the art equipment. Whether its your favorite sporting event you want to watch , listen to great music , play lotto / Quik Draw , have a drink or get some great eats , this place has it all. The list goes on and on at this hot spot. You must see it to believe it. Full 4am liquor license. New 10 year lease. Hrs of operation Sun- Wed 12pm to 12am. Thursday Friday Saturday 11am to 1am.

You can also purchase the Business and property together for $3M With Financing offered..

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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