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Popular Bar/Club in Suffolk with Great Income 1503

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$550,000 $1,092,000 Undisclosed

Business Summary:
Located in a great area on a busy road, sales are $21,000/weekly with 100% in liquor sales. Bar is open 5 days a week, hours vary depending on the day. Bar/club does host special events.

 
   
   
Facilities / Terms of Lease: 4200 sq. ft. property with 2500 sq. ft outside boats spacious dance area with seating for 50 in two separate bar areas. Rent is $11,000/month with taxes included. There are 6 years left on the lease with an 8 year option. Parking is available in an adjacent large parking 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 financing is available. Seller is asking $300,000 down.  

 

 

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