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High-Grossing Bar with Kitchen in S. Shore Suffolk 1508

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$350,000 $1,200,000 Undisclosed

Business Summary:
Located on a busy, high-trafficking road, sales are $23,000/weekly with 90% liquor, 10% food sales. Additional income from vending. Bar is open 7 nights a week. Band entertainment weekly. Popular bar in great area ... especially busy in the summer time!

 
   
   
Facilities / Terms of Lease: 5000 sq. ft. bar with kitchen has 2 separate bar areas with outside deck and big stage for bands. Total occupancy is 175 in bar areas. Rent is $6950/month including taxes with 7.5 years left on the lease. Parking is available in lot and on 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 financing is available. Seller is asking $175,000 down.  

 

 

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