Bar Catering Grill and Lounge - 24033

Suffolk County, NY

Seller Financing Available
Bar Catering Grill and Lounge  - 24033

Asking Price:$175,000

Cash Flow:N/A

Gross Revenue:N/A





Bar Catering Grill and Lounge - 24033

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Business Description

Bar and Restaurant located on the East End. This is a 6500 square foot free standing bar with low rent for only $4500 and a great lease. Absentee seller needs hands on buyer or strong partner with a lot of experience. This bar &restaurant is established for 70 years and is located on a major route with super visibility. Broker feels this bar can triple its present sales with good catering, promotion, better men, and some updating. Come bring your ideas, the sky is the limit, must see! Includes 2 catering rooms, a dining room, bar, lounge area, fireplace and a large kitchen with 2 walk-in boxes. Hands on owner with cooking experience can also greatly cut payroll. Seller has $375,000 invested in this business. Sacrifice for $175k with $100k down. Contact Jim Aloi.

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Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
100,000.00 Down & $75k for 5 years @6%
Support & Training:
the seller will train the new buyer
Reason for Selling:
Seller is mostly absentee and semi retiring

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