Restaurant/Bar– $1.24M Revenue – $195K Net Profit - Prime Main Street
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Restaurant/Bar– $1.24M Revenue – $195K Net Profit - Prime Main Street
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
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
About the Business
- Years in Operation
- 2
- Employees
- 16 Full-time
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,390
- Rent
- $10,890.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2488618
- Listing Views
Listing ID: 2488618 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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