Property Details

Mt. Morris Bar & Grill – Letchworth Park Area - Livingston County

Property ID : SPL25.277

For Sale $79,900.00 - Bar/Lounge, Restaurant

DESCRIPTION:

  • A well-established, quaint, Livingston County Bar/Grill
  • Located off a major highway and intersection that averages 12,000-15,000 cars a day passing by
  • Established in 2012 with renovations beginning; doors opened in June 2013
  • Casual American Bar and Grill theme
  • Large menu specializing in burgers and steaks with specialty nights
  • Close proximity to Letchworth State Park makes it a popular destination all year long
  • Very little competition
  • 2,000 sq feet of bar and restaurant space
  • Ample off-street parking available
  • Small outdoor patio for dining is available
  • Hours of business Tuesday and Wednesday12-9, Thursday through Saturday 12-10, Sunday 12-8 closed Mondays.

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

  • FF&E valued at $50,000
  • Inventory at cost of $10,000

LEASE ARRANGEMENTS:

Amazing lease structure at $380.25 a month, with negotiable lease options

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2017                2016            2015                 2104

Sales:                             $302,663       $      384,665    $464,101       $343,589

Cash Flow  (SDE):        $  50,054       $      58,987       $ 75,078        $ 82,225

PRICE/FINANCING:

The asking price has been lowered to $79,900.  Seller financing is available to a qualified buyer with one-half down.

 COMMENTS:

This is an incredible owner-operator opportunity to own a turn-key bar and grill.  Located 35 minutes south of Downtown Rochester NY. After 5 years, the owner is looking to get into another venture. This business offers catering that can be expanded. This is a must-see opportunity.

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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