Restaurants & Food
Premier Bar & Restaurant with 22-Year Lease in Patchogue, NY
Patchogue, New York
$225,000
Asking Price
$175,000
Cash Flow
$2,606,399
Gross Revenue
$NaN
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Located in the vibrant heart of Patchogue, NY, this premier bar and restaurant occupies 5,000 sqft with 22 years left on the lease. With a favorable food to alcohol ratio, the business presents a solid opportunity with a base rent of $16,852/month and significant potential for growth and success in the bustling area.
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