Restaurant/bar– $1.24M Revenue $195K Net Profit For Sale

Description

Restaurant and bar in Suffolk County that opened in March 2024.

2025 sales were approximately $1.24 million. Net profit is listed at about $195,000.

Financials

• Asking price: $600,000
• 2025 revenue: $1,243,169
• 2025 gross profit: $916,485
• 2025 net profit: approximately $195,000

Parties, private events and catering account for about 15% of total sales.

Business

• Restaurant and bar
• Toast POS
• Uber Eats
• DoorDash
• Online ordering
• Private events
• Public events
• Catering

Space and Lease

• Main space: approximately 4,045 sq ft
• Storage and office: approximately 345 sq ft
• Seats: 103
• Bar stools: 15
• Base rent: $10,890 per month
• Annual increase: 3.5%
• Two 5-year options
• Good guy clause in place

Staff

• Employees: 16
• Manager handles daily operations

The surrounding area includes nightlife, vehicle traffic, pedestrian traffic and new apartment development, according to the seller.

Other Details

• Opened: March 2024
• Exact location: confidential

A signed confidentiality agreement is required before the exact location is released.