Available

Legacy, 33 year old brand! Established High-Volume Ale House & Restaurant! Seller Financing Options- 2700 Sq Ft – Nassau County, NY

$695.000

  • 12665
  • Nassau, New York

Financial Information
Gross Sales $1.800.000
Asking Price $695.000
Net Cash Flow $0
Property Information
Category Retail Restaurants Full Service - Diners - Pizzeria Or Specialty
Headline Legacy, 33 year old brand! Established High-Volume Ale House & Restaurant! Seller Financing Options- 2700 Sq Ft – Nassau County, NY
Description

Nassau County Ale House / Bar Restaurant – Asset Sale
Prime Downtown Long Island | Approx. $1.8M Gross Sales | Rebrand or Retain Existing Concept | Seller Will Entertain All Serious Offers

Confidentially offered for asset sale is a fully built-out, well-known tap room and casual dining bar/restaurant located in one of the premier downtown corridors in Nassau County, Long Island.

Buy this outright, retain the brand, bring your own, current owners will allow the brand to continue, for a qualified and experienced operator. There is tons of flexibility on this deal. Make an offer, but no matter what this is a FANTASTIC opportunity to take over a well run business with minimal investment. This is less than half of what you would spend to build this, and you don't have to change a thing. Property is in fantastic shape, and well maintained with a STRONG LEASE!

This high-visibility location is currently generating approximately $1.8 million in annual gross sales. A qualified operator reviewing the business will quickly recognize meaningful opportunities to improve margins and increase bottom-line performance through more efficient management and stronger operating controls.

Transaction Structure – Asset Sale

This opportunity is being offered strictly as an asset sale.

A qualified buyer may:

  • Retain the existing brand name, or
  • Rebrand and launch a new concept, subject to landlord and municipal approvals
  • Owner/Chef Operator could net 150K+ almost immediately

This flexibility creates significant upside for either a strategic operator seeking to step into an established presence or a restaurateur looking for a premium, built-out downtown location to bring a new vision to life.

Location & Facility Highlights

  • Prime downtown Nassau County location
  • Strong street presence and foot traffic
  • Fully built-out bar and restaurant
  • Extensive craft beer setup
  • Full commercial kitchen
  • Significant recent capital improvements, including HVAC, TV wall, and other upgrades
  • Turnkey layout with furniture, fixtures, and equipment included

This is a professionally designed tap room environment with a long operating history in a highly desirable Long Island market.

Financial Snapshot

  • Current Gross Sales: Approximately $1.8M
  • Historical Sales: $2.0M+ under stronger ownership involvement
  • Current cash flow reflects a management-heavy structure
  • Clear margin expansion opportunity for an owner-operator

An experienced buyer may be able to improve performance by:

  • Reducing management layers
  • Streamlining labor
  • Tightening cost controls
  • Reinvigorating marketing and event programming

There is substantial room to improve both revenue and net cash flow.

Financial summaries are based on seller-provided profit and loss statements. Detailed financial information will be made available following buyer qualification and NDA execution.

Growth Opportunities

  • Restore revenues to prior $2M+ performance
  • Optimize labor scheduling and staffing structure
  • Improve bar program margins
  • Rebrand with a fresh hospitality concept
  • Expand promotions, events, and private party business
  • Ideal bolt-on acquisition for an operator seeking a second or third location

Ideal Buyer

This opportunity is well suited for:

  • Experienced bar and restaurant operators
  • Hospitality groups seeking a Nassau County presence
  • Owner-operators looking for operational upside
  • Strategic buyers seeking a premier downtown asset

Seller Motivation

The seller is willing to entertain all serious offers. This is an excellent opportunity to acquire a high-grossing, fully built-out Long Island hospitality asset without the time, cost, and risk of building from the ground up.

Confidential Offering

The business name and exact location will be disclosed only to qualified buyers following execution of a nondisclosure agreement.

Overview
Property ID: 12665
Type: Retail Restaurants Full Service - Diners - Pizzeria Or Specialty
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