Fantastic Bar and Restaurant in Nassau County

Nassau County, NY
Asking Price: $145,000
Business For Sale Details
Listed on Sep 26, 2024(Renewed on Nov 25, 2025)

LISTING ID # 36482

Fantastic Bar and Restaurant for sale! Price Reduced! Beautifully decorated and maintained, this space is on a major roadway in Nassau County. They offer Italian American cuisine, live music, events and Happy Hour! The space is approx. 1800 sf with a full kitchen including hood and grill, as well as a full-liquor license. The space has a 20ft bar along with booths and tables. There is seating for 55 inside and additional outdoor seating. They offer limited hours, Tu-Th 4pm -10pm, Fri 4pm-11pm, Sat 3pm-11pm, Sun 11am-3pm, Closed Mondays. A new owner can easily extend hours, if desired. There are 6 years left on the current lease with a rent of $5,626/mth and 3% annual increases. A new owner can keep the current concept of bring in something new. We are seeking a serious and qualified buyer with some bar-restaurant experience and at least $115k in liquid funds to cover the down payment and an additional $15K for rent security. Seller financing is possible for a well-qualified buyer. Proof of funds will be requested prior to a buyer-seller conference call or meeting. To learn more, please call the broker. All meetings must be scheduled by appointment only!

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Financials (USD)

Asking Price $145,000

Cash Flow $78,000

Sales $598,240

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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