Property ID : SPL25.369
For Sale $125,000.00 - Restaurant
DESCRIPTION:
- A popular Henrietta NY area family restaurant, off a very busy highway
- It has been owned and operated by the same family since 2005
- 5,150 square feet of newly remodeled dinning space and banquet area
- It has seating for up 170 customers
- It is currently open for breakfast and lunch 7 AM – 2 PM daily, and Friday 7 AM – 8 PM
- There is a very large well-lit parking available
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- Furniture, Fixtures, and Equipment at a fair market installed price of $ 75,000
- Inventory at cost of $ 5,000
LEASE ARRANGEMENTS:
The Gross Rent is $4,200 a month, and new lease terms can be negotiated with the Landlord
REPORTED SALES:
2019 2018 2017
Reported Sales: $ 493,370 $ 589,475 $ 638,940
PRICE/FINANCING:
The asking price is $125,000. With 1/3 down there is seller financing available to a well-qualified buyer.
COMMENTS:
This is an ideal owner operator business. Long term success has occurred at this location. Expanding to do dinners every evening would increase revenue.
