Popular Bar and Restaurant Central Suffolk County

Listing Number: 121948-806739

Description

This established Bar and Restaurant is priced to sell. They have been operating under the same name for over 20 years. Located in a mixed residential office park area its great for the lunch and dinner crowd. It has also recently been renovated and is profitable. Catering parties are booked out for several months all the way to the end of the year giving the new owner a steady stream of income. This is an excellent opportunity to purchase an established Bar and Restaurant with plenty of room to grow the lunch and dinner business as you are surrounded by hundreds of other businesses. Return on your original investment is outstanding. The owners are looking to relocate so don't wait on this fantastic opportunity.

Listing Details

• Price: $ 299,000
• Down Payment: $200,000
• Sellers Discretionary Earnings: $ 125,000
• Total Sales: $ 1,400,000
• Location: Suffolk County, New York


• Inventory: $ 10,000
• FF&E: $ 100,000
• Employees: 20
• Year Established: 2002
• Reason for Selling: owner wants to relocate
• Category: Restaurants