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Profitable Restaurant/Bar in Heart of Harbor Town in Suffolk County

Suffolk County, NY

Seller Financing Available

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Asking Price:$550,000
Gross Revenue:$1,500,000
Established Year:2019
Cash Flow:$185,000
Rent:$5,700/Month
Listing ID: 2289284Listing provided by BizBuySell
BUSINESS DESCRIPTION

American Style with Unique Concept, Est. 2019

I am looking to sell my business to focus on family and travel. At this time, I have around 20 employees that run my 47 seat restaurant. We are open for brunch, lunch and dinner and also cater to the towns late-night bar hoppers. We offer American-style food, beer, wine, and a vast cocktail menu. We have a steady flow of business all year round. Beautiful dining room with 12-seat bar and large open window that provides tons of natural light. The kitchen is fully stocked with equipment which will be included in the sale. We also have two walk-in refrigerators, a large storage room and separate locked liquor storage area.

Feel free to contact me with any questions or inquiries.

DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
01/01/2033
Employees
20
Facilities
All equipment included with the exception of dishwasher which is leased
Competition
There are plenty of restaurants in this small harbor town, however we are set apart due to our unique concept and menu. There is heavy foot traffic and lots of locals that enjoy dining out frequently. Other restaurants and bars nearby are supportive and friendly. New luxury apartments built less than ten years ago within walking distance make for solid year-round business.
Growth & Expansion
Currently we do not offer GrubHub, Door Dash, Uber Eats or any other delivery services. We also do not offer catering at this time and we are currently closed on Mondays.
Financing
50% down, 3 years at 4%
Support & Training
None
Reason for Selling
Pursue personal interests
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Business Listed By:
Not Disclosed
Listed By: Not Disclosed