Standalone Bar & Restaurant for Sale - Business for Sale
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Standalone Bar and Restaurant with Event Space in Suffolk, NY
NY, US
Added today
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores
3 years in business
RemoteAbsentee / Semi-Absentee
Standalone bar and restaurant with a fully renovated facility and event space is offered for sale in Suffolk, NY, with an option to purchase the real estate.
Key Information
Asking
$450K
Revenue
$1.0M
Earnings
$176K
Multiple
2.5x
Key Highlights
- 12.5 years remaining on lease at $8,700/month (NNN)
- Option to purchase real estate for $1,300,000
- 2,400 SF main restaurant with outdoor patio and separate 30’ x 20’ unused building
- Fully gut-renovated in 2023 with new kitchen, plumbing, HVAC, and electrical
- Current owner is largely absentee (10–12 hrs/week)
- Business established for 3 years
- Fully staffed, including 2 cooks
Contact Info
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