Price Drop | Suffolk Cty Restaurant / Sports Bar

Brightwaters, NY
Suffolk County


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

Food & Beverage: Bars, Clubs, Nightspots


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RE: Price Drop | Suffolk Cty Restaurant / Sports Bar Broker: Henry Galasso
Owner Financing is Available!
yes.

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,740,000
Net Profit: Not Disclosed
Cash Flow: $251,550
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 40
Employees: Not Disclosed
BBN Listing #: 265235273
Broker Reference #: 11331

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Business Overview:

Established over 70 years & a staple in the community Sits this well known establishment with huge , huge opportunity and still more room for growth. Currently grossing 1.7M with a net of $250,000, 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. 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. Hours of operation Sunday - Wednesday 12pm to 12am. Thursday Friday Saturday 11am to 1am.

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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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