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Popular, Large Suffolk Pub with Kitchen 1497

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$720,000 $1,800,000 Undisclosed

Business Summary:
Pub is located on a busy, high trafficking road. Fairly new business is well-liked as shown through high-grossing sales. Sales are $35,000/week with 40% in food sales and 60% in liquor sales. Pub is currently open 7 days/nights a week.

 
   
   
Facilities / Terms of Lease: 6500 sq. ft. bar with kitchen has seating for 156 in multiple dining areas with additional seating for 20 at the bar. Rent is $9500/month with taxes included. There are 8 years left on the lease with a 5-year option. Parking is available in an adjacent lot.  
   
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 $350,000 down,  

 

 

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