Property Details

DESCRIPTION:

• A very popular Restaurant and Bar located in an East Side Monroe County NY Village
• Sales have increased 10 percent year over year the last 2.5 years
• It has a very loyal clientele and returning customer base
• 1,800 sq feet of restaurant and kitchen space that seats 40
• Wide range of menu items from Burgers, Chicken Wings and Sandwiches, Pulled Pork and a multitude of delicious side dishes and sharing plates
• Is open 7 days a week over 67 total hours

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

• Furniture, Fixtures and Equipment at a fair market installed value of $33,000
• Inventory of $ 10,000 at cost

 LEASE ARRANGEMENTS:

• Current rent is $ 1,846.25 per month. Current Lease ends on September 30,2023 with  options to renew

SALES AND SELLERS DISCRETIONARY EARNINGS:                        

                           2023                2022               2021

Sales                $ 711,102        $ 636,926          $ 588,389

SDE                  $ 142,353       $   65,598           $   79,834

PRICE/FINANCING:

• The Asking price is $ 149,500

 COMMENTS:

This is a great turnkey restaurant and bar opportunity for an owner operator.