Iconic Restaurant: Classic Bar, Outdoor Seating.

Featured on BusinessForSale.com . 3 viewed

Asking Price

$599,000

FOR SALE - ACTIVE

Detailed Information

Location

New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

An iconic Eastern Suffolk restaurant with a spacious classic bar, 232 seating capacity, and outdoor dining during the summer is on sale. The restaurant has a loyal customer base that enjoys dining in, takeout, and ordering through food delivery services. The establishment, built in 1873, spans 7,000 sq. ft. with a 1,800 sq. ft. kitchen equipped with two walk-in freezers, two long walk-in boxes, and ample basement storage. In addition to an ATM on site, the restaurant offers four easily accessible restrooms. With a rich history and a large, well-equipped kitchen, this magnificent restaurant is a popular choice for both dining in and takeout options. The owner is seeking a buyer to continue the legacy of this beloved establishment. The restaurant's prime location and loyal customer base make it a promising investment opportunity for someone ready to take the reins and bring fresh ideas to the table.

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