Restaurant/Bar–Money Maker-East End Long Island – SOLD

Excellent food, perfect location and terrific bar business create an outstanding restaurant opportunity and cash flow to complement the business. It is in the heart of a major east end village, offers a complete menu, priced to fit the traffic and has quickly become a well known eating venue for its short 6 year history. The restaurant and bar are roomy with 2,000 square feet of usable space plus basement. There are plenty of TV’s to enjoy in the bar area creating a nice profit center when the restaurant is quiet. The owner operator offers an environment where customer and employees are appreciated and rewarded, thus the reason for many repeat and steady customers to complement the crowds during the peak times.

 

Asking Price: $250,000
Gross Income: $925,000
Cash Flow: $200,000
Fixtures, Furniture & Equipment: $150,000
Inventory: $10,000
Employees: 4 Ft 4 Pt
State: NY
County: Suffolk County
Year Established: 2004
Real Estate:
Business Type: Restaurant
Seller Financing: Yes

Facilities: Excellent space with 2,000 s/f for spacious restaurant and bar area plus full functional basement. Maintained and ready to continue operations without interruption. Separate bar and restaurant space.

Competition: Typical competition with few restaurants of this quality.

Growth/Expansion: Great growth with catering and further expansion of profitable bar business.

Financing: Negotiable for right opportunity.

Support/Training: Yes, as needed.

Reason Selling: Retirement of Principals after many years of successful restaurant operations.

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