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

Description

Established Restaurant/Bar in the heart of Suffolk County generating approximately 1,243,169 in annual revenue and 195,000 in net profit. The business opened March 2024 and benefits from a prime location, strong lease, manager in place, and additional upside from catering events. The business has built strong local traction with a young energetic crowd, benefits from heavy foot and vehicle traffic, and sits in a highly desirable area surrounded by new apartment development and constant nightlife activity. Financial Overview Asking Price: 600,000 2025 Gross Revenue: 1,243,169 2025 Gross Profit: 916,485 2025 Net Profit: approximately 195,000 Business Highlights POS: Toast Offers UberEats, DoorDash, and online ordering Private, public, and catering events Approximately 15 percent of total revenue from parties and catering Lease and Location 4,045 sq ft plus additional 345 sq ft storage and office space 103 seats and 15 bar stools Base rent: 10,890 per month 3.5 percent annual increases with two 5 year options Good guy clause in place Staff 16 employees total Manager in place handling day to day operations A signed confidentiality agreement is required for the exact location.