Established Bar Pub in Suffolk County NY - 30771

Suffolk County, NY

Seller Financing Available
Established Bar Pub in Suffolk County NY  - 30771
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Asking Price: $140,500

Cash Flow: $105,000

Gross Revenue: $650,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established Bar Pub in Suffolk County NY - 30771

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Business Description

The location of this bar pub is on one of the busiest roads on Long Island. The bar is 3,500 Sq. Ft. with another connecting 1,000 Sq. FT building, for parties and catering. Both have private patios. The bar has 22 taps and 3 walk-ins, full kitchen, 11 TVs and 2 55 inch TVs in the party room. This bar comes with an incredible camera system, with 32 cameras. The bar also has a brand new heating system and POS system. The bars monthly rent is only $7,850 which includes building insurance and has a great lease for 10 years plus 5-year option. The gross revenue is $650,000 annual plus income from OTB, Lotto, and games. After all, expenses are paid, the net cash flow is $105,000 per year plus income from OTB, Lotto, and games. Seller is selling due to health reasons. This is truly a great opportunity for a new owner. Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. PM

Detailed Information

Location:
Suffolk County, NY
Employees:
19
Financing:
110,000.00 Down & $30,500.00 at 5% over 60 months
Support & Training:
Yes
Reason for Selling:
Selling due to health reasons
Business Website:
http://www.vestedbb.com
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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