Price Drop | Suffolk County Restaurant / Sports Bar / $1.7M Gross sales | Seller Financing Available on Business and Property
New york (Suffolk)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11331
Business Type:
Established Businesses
Business Category:
Restaurant/ Cafes
State:
New york
County:
Suffolk

Other Information

Financial Information

Asking Price:
$875,000
Gross Income:
$1,740,000
Cash Flow:
$281,550
Seller Financing:
$  

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Business Description

Established over 70 yrs & a staple in the community Sits this well known establishment with huge , huge opportunity and still more room for growth. Currently grossing 1.7M with a net of $280k , sales are increasing every year. Owners invested over $1M in renovations from top to bottom including all new electric and plumbing. Nothing more to do at this location except make real money. With an owner operator you can relieve the $65k salary that the manager makes a year and instantly increase your net to $345k. 70 seat party / catering room upstairs. Main dining room sits 100 with top of the line , state of the art equipment. Whether its your favorite sporting event you want to watch , listen to great music , play lotto / quik Draw , have a drink or get some great eats , this place has it all. The list goes on and on at this hot spot. You must see it to believe it. Full 4am liquor license. New 10 yr lease. Hrs of operation Sun- Wed 12pm to 12am. Thur Fri Sat 11am to 1am. 

You can also purchase the Business and property together for $3.2M With Financing offered..

 

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11331

Business Listed By

Joseph Mesi

Email this List   631-236-8598
Email this List   631-271-1731 EXT 7
Email this List   joseph@eastcoaststores.com
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