Bar Asset sale (3 years remaining on lease w/new lease available)
Asset Sale Description
Established Bar & Grill - Port Jefferson Community Staple
Portside Bar and Grill presents an exceptional opportunity to acquire a thriving hospitality business in the heart of Port Jefferson, NY. Operating successfully since 2011, this well-established venue has become a beloved community gathering place over its 15-year tenure.
Business Highlights:
• Strong financial performance with $850,000 annual revenue
• Solid cash flow generating $200,000 in seller's discretionary earnings
• Absentee owner operation demonstrating systematic business processes
• Prime Port Jefferson location in high-traffic Suffolk County area
• Established customer base built over 15 years of consistent operation
• Live music venue creating multiple revenue streams
• Community hub status providing competitive advantage
Property & Operations:
The business operates from a spacious 3,000 square foot facility with lease terms extending to March 2029 at $7,900 monthly. The sale includes $150,000 in furniture, fixtures, and equipment, plus $20,000 in inventory. The turnkey operation allows for immediate transition with minimal disruption to established operations.
Location Advantages:
Port Jefferson offers a vibrant waterfront community atmosphere with strong tourism and local patronage. The area's recreational boating, dining, and entertainment scene provides year-round customer traffic and seasonal revenue opportunities.
Growth Potential:
With its established reputation, prime location, and proven operational systems, new ownership can explore expanded programming, enhanced food offerings, or extended operating hours. The business's community staple status provides a solid foundation for continued growth.
The current owner is retiring after building this successful operation, creating an ideal opportunity for an experienced hospitality professional or investment group to acquire a profitable, well-positioned bar and grill in one of Long Island's most desirable coastal communities.
Portside Bar and Grill presents an exceptional opportunity to acquire a thriving hospitality business in the heart of Port Jefferson, NY. Operating successfully since 2011, this well-established venue has become a beloved community gathering place over its 15-year tenure.
Business Highlights:
• Strong financial performance with $850,000 annual revenue
• Solid cash flow generating $200,000 in seller's discretionary earnings
• Absentee owner operation demonstrating systematic business processes
• Prime Port Jefferson location in high-traffic Suffolk County area
• Established customer base built over 15 years of consistent operation
• Live music venue creating multiple revenue streams
• Community hub status providing competitive advantage
Property & Operations:
The business operates from a spacious 3,000 square foot facility with lease terms extending to March 2029 at $7,900 monthly. The sale includes $150,000 in furniture, fixtures, and equipment, plus $20,000 in inventory. The turnkey operation allows for immediate transition with minimal disruption to established operations.
Location Advantages:
Port Jefferson offers a vibrant waterfront community atmosphere with strong tourism and local patronage. The area's recreational boating, dining, and entertainment scene provides year-round customer traffic and seasonal revenue opportunities.
Growth Potential:
With its established reputation, prime location, and proven operational systems, new ownership can explore expanded programming, enhanced food offerings, or extended operating hours. The business's community staple status provides a solid foundation for continued growth.
The current owner is retiring after building this successful operation, creating an ideal opportunity for an experienced hospitality professional or investment group to acquire a profitable, well-positioned bar and grill in one of Long Island's most desirable coastal communities.
Detailed Information
- Years in Operation
- 17
- Facilities & Assets
- Everything in the front AND back of the house is included.
About the Sale
- Seller Motivation
- Retiring
- Financing
- Note: Rent amount includes Taxes and CAM
Listing Info
- ID
- 2423463
- Listing Views
- 1281
Business Location
Listing ID: 2423463 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.













