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1124a Historic Restaurant on Suffolk Waterfront with Catering Hall

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$700,000 $1,900,000 Undisclosed

Business Summary:
High Sales grossing each year at this great location!! The restaurant is located in a historic, 100 year old building and has been well maintained. Restaurant is on the South Shore of Suffolk right on the water. There are three separate rooms including an outside patio area. Restaurant/Catering Hall is open 5 days – closed on Mondays and Tuesdays, except when a private party is booked.

 
   
   
Facilities / Terms of Lease: 10,000 sq. ft property with three rooms holding a total of 460 people with additional seating at the bar area. Rent is $16,667/month including taxes. There is also an option on the property.  
   
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 for $350,000 down.  

 

 

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