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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: seller financing available,special situations,best deals!,retailing businesses,bar/tavern/night clubs,entertainment,other eating & drinking places,restaurant/ cafes,vending machines,misc. retail/non-classifiable

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $300,000.00

  • Gross Revenues

    $505,000.00

  • Financing

    $ 175,000.00 Down and $125,000 for 4 years @ &7%

  • Owner's Cash Flow

    $177,728.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Long Island Pub located in a great location directly across the street from train station and in the heart of an upbeat and bustling town. It currently grosses over $550,000 per year with room for growth. It is a large 2,000 square foot space with reasonable rent and a great lease. It includes two pool tables, three OTB terminals, 15 TV%u2019s, 7 foot projection screen, surround sound, multiple video games and guitar hero. This place has an upstairs private office, two stock rooms, a liquor room, brand new ice machine and beer cooler. The NYS Lottery keeps a steady "daytime" crowd while the large D.J. booth rocks the house on the weekends and evenings - especially during the summer months. The kitchen serves up wings and burgers and traditional bar food. This listing has been established for 25 years and has a great rent and unlimited nightly parking. Also includes full security system. Contact broker Jim Aloi for more details! *Note: a dedicated and experienced bar owner could easily increase business with additional advertising and promotions as well as offering more food and lunch options.

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