Busy American Bar and Grill with Private Dining Area, Renovated

North East

Seller Financing Available
Busy American Bar and Grill with Private Dining Area, Renovated

Asking Price:$375,000

Cash Flow:$150,000

Gross Revenue:$800,000

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2015

Busy American Bar and Grill with Private Dining Area, Renovated

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Business Description

3 Hibachi Sushi Restaurants Impeccable Reputation! AAA Locations

Newly renovated bar and grill located on busy road in mid Long Island. Situated in densely populated business district and residential area. A local favorite, this space was recently renovated with private dining area with 75 seats, 25 High Tops in bar area with another 20 seats at bar. Great menu serving dry aged steaks, assorted american entrees and better bar menu. Happy hour and weekly events a special. All equipment is owned and lien free. Full and functional basement with walk-ins, dry storage area and 2 manager offices. Well equipped kitchen. Sales have increased steadily in this popular spot with reasonable expectations for sales over $1.m within next year. Off-site catering to local businesses. Long and favorable lease terms. Lotto quick pick, jukebox, OTB approved and ATM on site. Owners have other business which is pulling them away from this venture. Verifiable Financials! Must See. Won't last. Seller willing to finance for qualified buyers. Contact Darlene Ragone at 888-869-6069, Ext. 103

Detailed Information

Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
11/1/2026
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Completely remodeled and updated. Full basement with Walk-ins, office space and dry storage
Growth & Expansion:
off site catering to local businesses. Located in business district
Support & Training:
yes
Reason for Selling:
other business interests

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Darlene Ragone

Business Listed By:
Darlene Ragone

Moxie Brokerage Group, Inc.

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