Price Drop | Seller Financing | Bar | Pub Restaurant | Suffolk North

East Northport, NY (Suffolk County)

Seller Financing Available
Price Drop | Seller Financing | Bar | Pub  Restaurant | Suffolk North
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Asking Price: $349,000

Cash Flow: $128,656

Gross Revenue: $960,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,400 /Month

Established: N/A

Price Drop | Seller Financing | Bar | Pub Restaurant | Suffolk North

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Business Description

Bar , Pub , Grill located on a main rd with plenty of exposure to the heavy traffic that pass everyday. Also surrounded by a very well groomed heavily populated residential area. This location has been a staple in this community for over 30 yrs. Very well known for it's good eats, great beer, cocktails & beverages. Huge selection of top of the line Craft beers to choose from. Updated Glycol system & all equipment you need to run this fully staffed location. Bar seating, Table seating with waitress staff, & outdoor Patio seating which is awesome in the warmer months. Great atmosphere includes easy Bar menu surrounded by televisions with all your favorite sports, indoor live entertainment & Lotto / Quik Draw. All equipment is pd for & in good working condition. Full basement with freezers, ice machines, office with full camera & security system, beer coolers, walk in coolers & a liquor room. This location is all set up for an experienced operator or someone looking to get into this industry. The net that the seller is representing can be increased by about $30k by relieving some expenses that the seller will discuss with a serious buyer. Long favorable lease with 1st option to purchase property. Seller is forced to sell due to other business obligations.

Detailed Information

Location:
East Northport, NY
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
6/7/2030
Financing:
100000
Support & Training:
Seller willing to train new owner
Reason for Selling:
other business interests
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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