Listing ID: 71475

Business Overview

Highlights:

Gross Revenue: $2,200,000

Cash Flow: $350,000

Asking Price: $950,000

Established and Recognized Brand

Prime Downtown Patchogue Location

Extensive Alcohol Selection 

High-Margin Craft Cocktail Program

Strong Food and Beverage Sales Mix

Loyal Repeat Customer Base

Fully Staffed Turnkey Operation

Excellent Online Reviews and Community Reputation

Significant Growth Opportunities Through Expanded Events, Catering, and Marketing Initiatives

This is a rare opportunity to acquire a highly profitable hospitality business with a proven concept, strong brand recognition, and exceptional cash flow in one of Long Island’s most desirable restaurant markets.

Confidentiality is required. Additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement and proof of financial capability.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $950,000
  • Cash Flow: $350,000
  • Gross Revenue: $2,200,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.