Large Lake Grove Area Restaurant Reduced For Sale
Lake Grove, New York (Suffolk County)
Food and Beverage - Restaurants  |  Food and Beverage - Bars and Taverns
Seller Financing Available
Asking Price:   $199,000Inventory:   
Gross Revenue:   $880,000Real Estate:   n/a
Cash Flow:   $200,000FF&E:   $200,000 ++
++ included in the asking price         ** not included in the asking price
This "Beautiful Restaurant" is located in the Lake Grove area of Suffolk County just blocks away from one of Long Islands Largest Shopping Malls. The Restaurant has "Great Exposure" with a "Huge Parking Lot" and is approximately 5000 sq. ft. with a 2000 sq ft basement. It has 2-Dinning Rooms and a separate "Large" Bar /Lounge Area with a 20-Stool Bar. This location can be used for "Any Type" of Restaurant or Large Pub Venue (except Italian). The Rent is approximately $9,931 per month and has a 17 yr lease. It is being sold "without" the current Business name (Seller has other restaurants with the same name). Seller may finance to an experienced operator with 60% down.
**Gorgeous Restaurant** Great Location**
For more info, call John Stefan of JS Business Brokers at 631-473-2973
About the Business
Year Established:2006
Employees:4 full time - 5 part time
Facilities:The Restaurant has "Great Exposure" with a "Huge Parking Lot" and is approximately 5000 sq. ft. with a 2000 sq ft basement. It has 2-Dinning Rooms and a separate "Large" Bar /Lounge Area with a 20-Stool Bar.
Market Outlook and Competition:This location can be used for "Any Type" of Restaurant, Large Pub, Sports Bar or Night Club Venue.
About the Sale
Management Training and Support:Seller will assist new owner
Reason For Selling:Seller has other restaurants and wants more down time.
Seller Financing:Seller may finance to an experience operator with 60% down.

KEYWORDS: Restaurant, Bar, Pub, Tavern, Night Club.


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John Stefan  |  JS Business Brokers
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