Standalone Bar & Restaurant-Property Option | $1.03M Revenue - Business for Sale
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Standalone Bar and Restaurant with Real Estate Option in Suffolk County, NY
NY, US
Added today
Bar & Restaurant
3 years in business
Absentee / Semi-Absentee
Standalone bar and restaurant in Suffolk County, NY, featuring a fully renovated facility, outdoor patio, unused event space, and an option to purchase the real estate.
Key Information
Asking
$299K
Revenue
$1.0M
Earnings
$176K
Multiple
1.7x
Key Highlights
- Years established: 3
- 12.5 years remaining on lease at $8,700/month (NNN)
- Option to purchase property for $1.3M
- Complete gut renovation in 2023 including new plumbing, HVAC, electrical, kitchen, floors, ceilings, and walls
- Fully staffed, including 2 cooks; current owner is largely absentee (10–12 hrs/week)
Contact Info
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