Restaurant / Bar / Nightclub / Suffolk County South Shore / $1.2m Gr

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Asking Price:
$450,000

Gross Revenue:
$1,200,000
Cash Flow:
$206,350
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Located on the South Shore of Suffolk county sits this unbelievable Bar / Restaurant / Nightclub. This location offers huge potential to add to the $200k net that the current owner is making. Indoor & Outdoor seating with 4 Bars. Full kitchen with fully trained staff in place. Live music , Outdoor activities , Great Food & Drinks , Come by Car or Boat. Great Parking. Owner looking to move quick with serious buyer. Entertaining all offers. Too much too list.

Property Option: 3 acres developmental land.

Current owner also Interested in Selling Property Which comes with: 3 family home w rentals. Single family home. 2000 sq ft. cottage. 35 boat slips. Restaurant and Bar. All properties fully occupied w/ tenants.Netting over $500k Asking $4mil. Proof of funds required.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
6,000
Lease Rate/Sq. Ft./Yr.:
$20.00
Lease Expiration:
10/12/2028
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
Seller willing to train new owner
Seller Financing:
150000

Listing Info

ID:
1561051
Ad Detail Views:
32

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Business Listed by

Henry Galasso

East Coast Stores NYC, Long Island, Westchester

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U.S. Census Data for Suffolk County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Suffolk County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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