Property Details

DESCRIPTION:
• A Landmark Restaurant with Building located in the Greater Rochester, NY area for sale
• There is inside seating of 75 for their dining customers
• Has a beautiful Americana interior decor
• Currently has 6 full time and 15 part time employees for the restaurant and 19 on-call staff for its catering services
• It has an extensive and delicious home-made lunch and dinner menus with alcoholic and non-alcoholic drinks.
• There are Vegetarian, Gluten-Free, and Children’s items on their menus
• A large percentage of sales are derived from their catering service
• It has its own parking lot for up to 30 Vehicles.

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:
• Fair Market Value of Furniture, Fixtures, Equipment, and Vehicles of $ 78,395
• Inventory at Seller’s Cost of $ 21,000
• Real Estate at an Appraised Value of $ 165,000

REAL ESTATE:
• 3,213 Sq. Ft. Building on .70 Acres of land built in 1960
• Professionally Appraised at $ 165,000 by Midland Appraisal Associates
• 2018 Property Taxes were $ 5,049.50

RESTAURANT SALES AND SDE:
Restaurant Sales: 2018 – $ 1,165,107 2017 – $ 1,161,524 2016 – $ 1,223,178
Restaurant SDE: 2018 – $ 168,185 2017 – $ 137,759 2016 – $ 133,779

PRICE/FINANCING:
• The Asking Price for the Business and Real Estate is $ 549,900

COMMENTS:
• This Restaurant has been known for years as a fun and friendly dining experience for all
• The Owner will assist the Buyer for as long as needed to be successful in operating this business.