Property Details

The Thirsty Frog – An Established East-Side Pub/Grill - Monroe County

Property ID : SPL25.221

For Sale $100,000.00 - Bar/Lounge, Restaurant

DESCRIPTION:

  • The Thirsty Frog is an established popular east-side pub/grill located off a very busy main highway. with approximately 40,000-50,000 cars passing by daily.
  • 2650 sq ft of attractive bar/lounge space
  • Loyal clientele.
  • Large volume of lotto sales averaging $2,000 a month in commission
  • Open daily from 3 pm to 2 am daily.
  • The menu offers a large variety of pub food with a separate late night menu
  • Plenty of ample parking located in a strip mall setting
  • Small outdoor patio

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

  • Furniture /fixtures valued at $35,000
  • Inventory 2,500

 LEASE ARRANGEMENTS:

Rent is $2,286 a month triple net, estimated taxes are $300 a month

A new 5 year lease can be obtained with a 5-10 year option

A personal guarantee is needed for first term of lease

REVENUE:

  • Reported sales for 2016 were $328,781
  • Average weekly sales estimated to be $6,000-$8,000 a week
  • Lotto commission nets about $24,000 a year
  • Vending commission is about $600 a month 

PRICE/FINANCING:

  • The asking price is $100,000.
  • Seller will hold a note to a qualified buyer with $60,000 down
Property Map

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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