HS Listing ID-71580

TURNKEY LONG ISLAND NIGHTLIFE HOTSPOT

Prime Long Island Bar & Lounge with Outdoor Seating, Recent Renovations & Massive Growth Potential

Business Overview

Take advantage of a rare opportunity to acquire a fully operational neighborhood bar and lounge in a prime Long Island location. This popular nightlife destination has cultivated a loyal customer base, strong weekend traffic, and a welcoming atmosphere that attracts a diverse adult crowd.

The business recently underwent over $100,000 in upgrades and renovations, transforming the venue into a modern and inviting entertainment destination. Features include granite bar tops, premium lighting, multiple large-screen TVs, upgraded sound systems, electric garage-style doors, and outdoor seating accommodations.

The establishment currently operates as a successful bar and lounge with entertainment-driven revenue, including DJs, bottle service, private events, and supplemental income streams. The venue also includes a partially completed commercial kitchen, creating significant upside for a buyer seeking to expand into food service.

Key Highlights

Recently renovated with over $100,000 invested

Prime Long Island location

Outdoor seating for approximately 40 guests

Capacity to host events with up to 140 patrons

Multiple revenue streams beyond alcohol sales

Fully equipped bar operation

Partially completed commercial kitchen ready for expansion

Strong nightlife and event-driven business model

Favorable lease terms with long-term stability

Turnkey operation with owner transition support available

Financial Metrics

Revenue

Total Revenue: $65,000-$70,000/month
Annualized Revenue Potential: Approximately $800,000+

Additional Revenue Streams

Pool Table Income
ATM Revenue
Jukebox Revenue

Combined ancillary income averages approximately $1,500/month

Cash Flow / Owner Benefit

Estimated Net Profit: $15,000 – $18,000 per month
Estimated Annual Cash Flow Range: $180,000 – $216,000

Rent & Lease

Rent: $6,000/month
Size: Approximately 2,300 SF
Lease Remaining: 5 Years
Option: Additional 5-Year Renewal Option

Asking Price: $100,000

Facility & Assets

The facility has been extensively upgraded and includes:

Granite bar countertops
Premium sound system
Multiple 75” televisions
Mood and accent lighting
Outdoor seating area
Electric garage-style opening door
Commercial kitchen equipment including:
Stove
Deep fryer
Grill
Salad preparation station
New hood system

The kitchen is not currently fully operational, presenting an immediate growth opportunity for a new owner.

Growth Potential

This business offers multiple avenues for expansion:

Activate Full Kitchen Operations

The partially completed kitchen provides a tremendous opportunity to add food service and increase average customer spend.

Expand Event Programming

Continue growing private events, theme nights, live entertainment, and VIP bottle service offerings.

Maximize Outdoor Seating

Leverage the outdoor area during spring and summer months to increase capacity and revenue.

Marketing & Social Media

A more aggressive social media and promotional strategy could significantly increase traffic and event bookings.

Specialty Food & Beverage Concepts

The area presents an opportunity for a unique restaurant-bar hybrid concept with limited direct competition.

Reason for Sale

The owner is pursuing a sale primarily due to personal health considerations and is seeking to reduce day-to-day operational responsibilities. Ownership is committed to assisting with a smooth transition and may remain involved through the end of the year to support training, continuity, and buyer confidence.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION