Business Summary

Busy fun Restaurant and Bar in Suffolk County is Priced to Sell at ONLY $299,000. Sales Revenue is close to $1.5 Million per year and operates ABSENTEE. This Profitable Restaurant has an Excellent Location, is near everything with plenty of easy accessible parking. They have a favorable Long Term Lease with an Option to Buy the Property. Rent AND Real Estate Taxes are ONLY approximately 7% of Sales. This Restaurant and Bar has it ALL; 100 Seats Inside PLUS 100 Seats Outside. A large friendly bar inside as well as a fun bar and eating area outside. They have a great mix of sales with approximately 40% derived from the bar. If you are looking to own a profitable, fun restaurant and bar, that has tremendous potential to increase both the revenue and profits at a FRACTION of the price to build, then this place is for you. The added bonus is a favorable long term lease with the ability to one day also own the property. Please refer to listing number 11519 when inquiring about this opportunity.

Contact Information:
Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: [email protected]

Property Details