Financing: $255,000.00 Down and $240,000 for 5 years @ 7%
Reason for Selling:Other
Upscale Bar & Grill with additional completely separate catering room for about 120 people, which includes separate bar, dance floor and bathrooms. This fantastic, completely-updated listing includes 22 beers on draft, state-of-the-art large kitchen and prep area, several walk-in boxes, 2 dining areas, large office, liquor room, huge center and solid wood bar. There is a 16-year lease. The building is free standing with great parking, and landlord will entertain possibly selling real estate. This beautiful, clean, classy restaurant is located on the South Shore In Suffolk, and is truly a must-see to appreciate.
The sales are 70 percent bar, 40 percent tap and beer, 30 percent mixed drinks, and a 3rd is food sales. Lots of room for growth on the catering and food sales. Full staff in place. Seller will train and hold note.
Priced to sell with great terms. Do not miss this listing.
This Restaurant is 6800 square feet and has a C/O for 250 people. Great place to add entertainment or make catering business larger. Buyer can change menu to almost any menu.
Please present proof of funds for $250k minimum. Note- rent includes tax and cam.
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