Nassau County Bar, Restaurant & Catering Hall - Price Reduced

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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

Prime location in high-traffic Nassau County, steps from the train station.
Unique dual-concept business: 1,500 SF South American quick-serve restaurant and a 3,000 SF catering hall ready for completion.
Strong financials with high margins, affordable lease ($3,350/$2,000/month), and significant beer sales.

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

Features & Tags

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Tags & Categories
Bar Restaurant Catering Hall Nassau County Quick Serve