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Business for Sale Summary

Bar and Grill in Suffolk County, NY - 26260

Business Type: delicatessen/catering services,restaurant/ cafes,seller financing available,bar/tavern/night clubs
Owner Financing
Bar and Grill in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $255,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View


$255,000 Down and $240,000 for 5 years @ 7%

Business Description

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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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.