Property Details

Popular Long Standing Bar & Grill with Property - Geneva

Property ID : SPL25.330

For Sale, Real Estate $799,000.00 - Bar/Lounge

DESCRIPTION:
• A very popular long-standing Bar and Grill off a very busy highway
• Located in walking distance from Hobart Collage
• Current operators have been there 15 years
• Business featured in the Finger Lakes region for catering on and off site
• Very loyal clientele
• Menu consist of a casual American cuisine
• Large bar with a separate banquet room for a total occupancy of about 200
• Small outside patio that allows seasonal dinning overlooking the collage
• Consistent sales yearly

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• FFE valued at $40,000

SALE ARRANGEMENTS:
Current asking price includes the business and all assets, plus property that includes a separate
retail space that can be rented out for a additional $1,500 a month.

SALES AND SELLERS DISCRETIONARY EARNINGS:
2016 2017 2018
Sales: $579,443 $540,401 $528,066

PRICE/FINANCING:
Asking price is $799,000 and some owner financing is available

COMMENTS:
Current operators are looking to retire after 15 years. This is an ideal opportunity for a owner /operator looking for a money making business. Opportunity to increase sales by catering for City events and private gatherings in the banquet facility can be discussed. The close proximity to the college makes this a ideal location for pre and post gatherings for all sporting events at the college. Discussions with the town indicate that this would be an ideal location for a Bed and Breakfast.

Agent Stuart Levy

  • Office : 585-247-4750

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