Bar/Restaurant West End Long Beach (#22674)

Long Beach, NY
Bar
Asking Price:$250,000
Gross Revenue:$1,500,000
Established Year:2022
Cash Flow:$300,000
Rent:$21,000
BUSINESS DESCRIPTION

Renovated Bar/Restaurant West End Long Beach

Overview
An exceptional opportunity to own a newly renovated bar and restaurant located on the highly sought-after West End of Long Beach. This establishment boasts both indoor and outdoor seating, catering to a vibrant clientele in one of the most popular blocks in the area. Priced competitively at $250,000, the seller—who is also the landlord—is seeking an experienced owner-operator to continue the success already established.

Business Benefits
Prime Location: Situated in one of the most desirable blocks in Long Beach's West End.

Newly Renovated Buildout: Modern facilities reduce the need for immediate capital expenditure.

Indoor and Outdoor Seating: Maximizes customer capacity and enhances dining experience.

Attractive Lease Terms: Long lease available with rent and taxes at $21,000 annually.

Direct Landlord Relationship: Seller is the landlord, offering the potential for favorable lease negotiations.

Established Success: Benefit from an existing successful operation with a loyal customer base.

Quick Acquisition Opportunity: Seller is looking for a swift deal, allowing for prompt ownership transfer.

Summary and Reason for Sale
This is a chance to acquire a thriving bar and restaurant in a prime Long Beach location with a modern, renovated space and strong customer following. The seller is motivated to make a quick deal due to involvement in other business interests. They are looking for a qualified and experienced operator to take over and continue the establishment's success. With favorable lease terms and a competitive price point, this opportunity is ideal for someone ready to step in and build upon an already successful


DETAILED INFORMATION
Location
Long Beach, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
01/01/2035
Employees
10
Support & Training
Yes
Reason for Selling
Seller owns many other Establishments do Not Have the time
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Ziggy
Marszalek
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Ziggy Marszalek