Waterfront Bar And Restaurant - South Shore 22918

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$475,000 $612,246

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Waterfront Bar And Restaurant - South Shore 22918 Broker: Melvin L. Vaz
Owner Financing is Available!
$299,000 Down & $176,000 over 5 years. @ 6%.

Quick Facts

Asking Price: $475,000
Annual Revenue: $612,246
Net Profit: Not Disclosed
Cash Flow: $192,421
Total Debt: Not Disclosed
FF&E: $185,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 6
BBN Listing #: 31664447
Broker Reference #: 22918

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Business Overview:

Waterfront Bar and Restaurant - South Shore. Unscathed During Super storm Sandy! Here's your chance to own one of only two waterfront restaurants in the area. With 140 seats including inside and outside decks, this is the largest place in the area. There are an additional 25 seats at the bar. The business is seasonal, open for 6 months, closed for 6 months. The building is only 6 years old and comes with an 11 year lease at only $4,583 for 3,000 square feet on the water. In 2012 the business grossed approximately $670,000.00 with a Net Income of approx. $192,421.00. We are looking for serious and financially qualified buyers with at least $350,000 in liquid capital and some bar/restaurant experience.

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Reason for Selling:


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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