Standalone Bar & Restaurant for Sale - Business for Sale
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Standalone Bar and Restaurant in Suffolk County, NY
NY, US
Added 1 month ago
Bar and Restaurant
3 years in business
Absentee / Semi-Absentee
Standalone bar and restaurant located in Suffolk County, NY, operating from a fully renovated 2,400 SF property with an additional unused event space and an option to purchase the real estate.
Key Information
Asking
$399K
Revenue
$1.0M
Earnings
$176K
Multiple
2.3x
Key Highlights
- Years established: 3
- Lease: 12.5 years remaining, rent is $8,700/month (NNN)
- Option to purchase property for $1,300,000
- 2,400 SF main restaurant with outdoor patio and a separate 30’ x 20’ building (unused event space)
- Complete gut renovation completed in 2023, including new plumbing, HVAC, electrical, kitchen, floors, ceilings, and walls
- Business is fully staffed, including 2 cooks
Contact Info
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