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Suffolk Bar with Kitchen – Property Available 1492

Suffolk, New York

Asking Price: Gross: Cash Flow:
$180,000 $312,000 Undisclosed

Real Estate:
$800,000 ( not included in the asking price)

Business Summary:
Bar sales are $6,000/week with 60% in food sales and 40% in liquor sales. Bar is currently open 7 nights a week and is available for a great price with a reasonable down payment. Property is also available. Apartment upstairs can be rented for additional income.

 
   
   
Facilities / Terms of Lease: 1700 sq. ft. bar with kitchen has seating for 35 in dining area with additional seating for 15 at the bar. Rent is $3200/month with additional taxes yearly. There is 10 years left on the lease with a 5-year option. Parking is available in the street.  
   
Competition: We are Long Island’s only exclusive brokerage firm for the food and beverage industry. We have over 150 listings for restaurants and bars for sale on our website, www.altsolut.net.  
   
Owner willing to finance: Seller is asking $60,000 down.  
 

 

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