Rare Turnkey 2-Floor Restaurant & Bar Asset Sale – Hempstead, NY 11550

Established for 20 years, this is the only 2-floor restaurant and bar in the area — a true standout opportunity on high-traffic Fulton Avenue right off Hempstead Turnpike. This is an asset sale only. Business financials will not be disclosed as per owner.

This is one of the ONLY restaurant/bar spaces in the area offering 2 full floors, each with its own separate liquor license, giving a new operator endless possibilities for private events, lounge/bar concepts, dining, nightlife, catering, or a multi-concept operation.

1st Floor: Seats ~50 + wet bar seating 15
2nd Floor: Seats ~40 + bar seating 8

Chef-designed kitchen fully equipped for high-volume service (16-ft hood, 12-burner stoves, fryers, sandwich station, large refrigerators, walk-in freezer).
Premium assets included (recently upgraded):
• 100+ tables & chairs • 6 POS systems • 2 new mini-splits • Brand new water heaters • Full bar setups • In-built DJ/Juke booth with speaker system • Ice machine (1,000 lb capacity) • Professional lighting & décor
Total replacement cost of furniture, equipment, and build-out exceeds $400,000.
5 years remaining on lease at $9,000/month (3% annual increase) — renewable or eligible for new 10-year lease.
This is the perfect ready-to-open spot you’ve been waiting for. Serious inquiries only