Property Details

Price Reduced for Well-Known Restaurant and Bar inside a Country Club - Monroe County

Property ID : JCB35.48

For Sale $150,000.00  

DESCRIPTION:

  • A well known Restaurant and Bar inside a Country Club located off a very busy west-side highway.
  • Has over 30 years of good will and a loyal customer base
  • 12,000 sq feet of bar, banquet and dinning space
  • The banquet facility is an elegant, generous space that can accommodate up to 235 guests with its own bar area. Huge upside potential for catering business.
  • Open for lunch and dinner. (Full Restaurant, Bar & Catering Room)
  • Pub style Menu
  • Featuring a 5,000 sq foot outside patio for Ceremonies and  Events
  • Has an large well lit parking lot
  • Hours of business The Bar opens at 9:00 AM for lunch, dinner is served at 4:30 PM

Lunch is served on the patio deck from the grill on Fridays, Saturdays and Sundays from 9 AM to 5 PM

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

  • Furniture, Fixtures and Equipment at a Fair Market Installed value of $ 69,800

LEASE ARRANGEMENTS:

Current lease is $1 a month gross, with lease running through 11/2018 with Ten year option $1,000 a month gross.

SALES AND SELLERS DISCRETIONARY EARNINGS: 

                       

                                           2016                        2015 

Sales:                                      $ 229,309       $ 246,047

SDE                                         $   36,756       $   44,263

 

PRICE/FINANCING:

The asking price is $150,000.  Seller financing is available to a qualified buyer with at least 50 percent down.

COMMENTS:

This is an ideal operation for an owner operator with a passion for catering and hospitality.  This location offers an opportunity to do large scale Events, Weddings, Daily Restaurant / Bar and private parties. Ample Parking!!!

Agent Jim  Bingham

Jim
  • Office : 585-247-4750

Jim Bingham has nearly 25 years of executive food service experience. He has a Bachelor’s Degree…
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