HS Listing ID-70365
Established Restaurant/Bar in the heart of Suffolk County generating approximately $1.24M in annual revenue and $195K 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/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
Does UberEats, DoorDash, & Online Ordering
Private, public, and catering events
About 15% total revenue is from parties and catering
Lease & Location
4045 sq ft with additional 345 sq ft storage and office space
103 seats & 15 bar stools
Base Rent: $10,890 per month
3.5% annual increases with two 5 year options
Good guy clause in place
Staff:
16 employees total
The business has a manager in place handling day-to-day operations
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
