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Ale House - Bar - Restaurant - Est over 50 yrs - Suffolk - Turn Key - Pre Pandemic Sales $1.1M
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:
11927
Business Type:
Established Businesses
Business Category:
Bar/Tavern/Night Clubs
State:
New york
County:
Suffolk

Other Information

Financial Information

Asking Price:
$275,000
Gross Income:
$780,000
Cash Flow:
$102,060
Seller Financing:
 

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Business Description

Must See this beautiful Ale House - Bar - Restaurant located in Suffolk County. Seller is looking to settle down & possibly move out of the State. The current owner found this location that has been established for over 50 yrs and brought it back to life. Introduced a great Menu , brought in some new ideas & increased sales drastically. Also did some renovations to the Bar & Dining area. Great Location with 100 on the C/O & very well known in this area. No competition around at all. With a fully trained staff in place that makes you feel right at home along with great food & drinks makes for an atmosphere that keeps the clientele coming back. The owner works 5 days a week and oversees the operation. Right now running at 75% due to the Pandemic sales are steady at $15k per week. Pre Pandemic (2019) this location grossed  $1.1M. In 2020 during the Pandemic & being closed for 4 Months they still did over $700k gross. Off to a great start in 2021 & once this place is back to 100% they will do close to $1.3M. With a 100% hands on operator you can increase sales even more. Extending hrs , introducing lunch , online ordering & catering are just some ideas. Shopping center also just introduced 2 new tenants which brings more business for everyone,  Seller is ready to move forward. 

Listing Number : 11927

Business Listed By

Joseph Mesi

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