Description

2024 HOT NEW LISTING!! Dont miss this opportunity to come in and re-brand this beautiful 5500 sq ft North Shore Sports Bar - Restaurant. In 2019 the current owner gutted this location and invested $1.5MM into this state of the art buildout. Fully turn-key, fully set up for an operator to come in and increase the sales of $2.5MM that he is currently doing. Great for an existing operator looking for a second or third location, or an eager first time buyer looking to get into this thriving industry. ALL FF&E in mint condition. Seats 200 with a huge bar, large seperate dining area, seperate catering room with a bar that seats 60+, stage for any venue, lounge area , 36 flat screens and whatever else you can think of is all set up to bring your name and concept. 16 yr very favorable lease. Plenty of parking & situated on one of the busiest roads in Suffolk. The landlord is putting a new roof on the building and new parking lot by the end of May. Seller is not representing a cash flow but this location is definately making money at $2.5MM gross. Any experienced person in this industry will take one look and know this is a great deal. Entertaining ALL offers..

Property Information

  • Listing Number: 12267
  • State: New york
  • County: Suffolk

Financial Information

  • Asking Price:$799,000
  • Gross Income:$2,500,000
  • Cash Flow:$0

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