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Business for Sale Summary

Restaurant & Pub For Sale in Suffolk County, NY - 32893

Business Type: business with property available,seller financing available,restaurant/ cafes/ diners
Restaurant & Pub For Sale in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $1,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and TBD

Business Description

Landmark Restaurant & Pub Established in the 1930's. Well known for its reasonable priced meals and cocktails. Seller prefers to sell with Real Estate which includes this Bar & Inn plus property along side bar and extended wooded area behind bar. Three properties, low taxes, and a great place to expand size or add catering room. Must See, Great Reputation. Asking $275k for business and additional $750,000 for commercial rear building and $250,000 for side lots for real estate, Seller prefers to sell real estate and business at same time, but may consider giving a lease to good experienced hands on operator. Total asking price $1,275,000 seller can offer some financing with at lease a third down. Real estate taxes only $16,000. Note three bedroom income apartment also included long term tenant there with no lease. Endless possibilities. Great Eastern Suffolk location with a solid local following. Fine food, spirits, and endless memories. Contact Agent & Broker Jim Aloi.

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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.