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


Request More Information
Contact the Seller

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

Email, Print & Share

Request More Information
Contact the Seller


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.

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:

Personal.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!