Nassau County Bar, Restaurant & Catering Hall - Price Reduced
Financial Details
- Asking Price:
- $199,000
- Annual Revenue:
- $238,847
- Cash Flow / SDE:
- $82,823
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.4x
- Location:
- NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a unique opportunity to acquire a Bar/Restaurant and Catering Hall in Nassau County, NY. The business features a 1,500 sq.ft. quick-serve restaurant specializing in South American cuisine, complete with a full kitchen, ansul system, and a beer and wine license known for strong beer sales. It offers seating for approximately 25 patrons. In addition to the restaurant, there is a 3,000 sq.ft. catering hall that has been constructed but is unfinished, offering a significant expansion opportunity for a new owner. The property boasts a prime location in a high-traffic area, conveniently located near a train station. Financials for the past year show gross sales of approximately $238,847 and a net cash flow of $82,823, with high margins attributed to beer sales. The lease terms are highly favorable, with 10 years remaining on the restaurant space at $3,350/month and an additional $2,000/month for the catering hall space. The owner is relocating out of state, presenting this price-reduced opportunity. Serious, financially-qualified buyers with at least $199K in liquid funds are sought.
Industry Information
- Industry Description:
- Bar/Restaurant/Catering Hall
- Classification:
- Restaurants & Food
Operational Snapshot
- Reason for Selling:
- Relocation
Real Estate & Lease
- Status:
- Available On Request
- Monthly Rent:
- $5,350 USD
- Lease Expiration:
- 2035
Listing Details
- Listing ID:
- d6544ab7-136d-4c94-8975-07a492e0874c
- Source Listing ID:
- 30121
- Deal Status:
- For Sale
- Date Posted:
- December 29, 2020
- Last Updated:
- September 15, 2025
- Currency:
- USD