Seller Financing Available
Nassau County Destination Bar for Sale
Destination Bar with 15 year track record!
Nassau County, NY
Selling Price - $175,000 will finance up to $100,000 with $75,000 down. Willing to negotiate selling price on all cash deals.
Non-Disclosure/Confidentiality Agreement Required!
Respond to the ad & I will email agreement.
This is a unique destination bar on the south shore of Nassau County. This bar has many imitators but it is considered the original. The bar is on a major east-west highway and has a parking lot, street parking, & a municipal parking lot.
Sales are approximately $6,500 per week with 90% beer/liquor & 10% food. There is an internet juke box, foosball table, tabletop video game, & ATM providing additional income (which is not included in the weekly sales, gross income or cash flow numbers).
The bar is 1,800 sq. ft. There are 20 seats at the bar & 40 seats at tables. There are numerous reach-in refrigerators built into the back bar as well as soda guns, ice machine, 24 tap keg system & numerous HD flat screen TVs. There is a fully functioning kitchen with deep fryer, commercial range, grill, pizza oven, microwave, and reach-in refrigerator.
The basement is an additional 1,800 sq. ft. consisting of secure liquor room, 150 sq. ft. cold box, storage, & a large manager's office.
While the sales are $6,500 a week, the bar is open only at night; so there is no morning, afternoon, lunch, happy hour, or football business.
The fully functional kitchen is up to code with full restaurant (not bar/pub) health permits. The menu is extremely limited & along with the hours of operation, could easily be expanded.
I have been the sole owner & operator of this establishment for 15 years and I am ready to retire. I operate the bar semi-absentee (less than 25 hours a week) as I don't work any regular bar or kitchen shifts.
The rent is $4,900 per month and there is 7.5 years left on the lease. The landlord is absentee and very flexible, so getting an extension or a new lease, if you are qualified, won't be difficult.