Property ID : SPL25.307
For Sale $299,000.00 - Bar/Lounge, Restaurant
- A popular high-volume sports bar and pub
- Located off a very busy main highway in an ideal setting on the west side of Rochester, NY
- Operating under current owners almost 3 years
- Increasing sales every year
- Very loyal clientele
- 3,500 square feet of restaurant and bar space with a small patio
- Very modern setting for sitting up to a 100 people
- Gastropub menu served for lunch and dinner daily, and a popular brunch menu served on Sundays.
- Plenty of well-lit parking with easy access
- Hours of business Monday thru Thursday 4 PM to 12 PM Friday and Saturday 12 PM to 2 AM, and Sunday 1:00 PM to 10 PM
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- A full asset list is provided valued at $38,500
Current Gross Rent is $5,917 a month. The Lease expires February 2020, with an additional 5-year option to renew
REPORTED SALES AND SELLERS DISCRETIONARY EARNINGS:
Sales: $ 1,039,265 $ 1,022,390
Cash Flow (SDE): $ 108,003 $ 109,680
The asking price is $299,000. Financing is available to a qualified buyer with at least one half down.
Location is key here with an ideal west side setting. A great owner operator opportunity to earn six figures plus additional income in lotto, amusement games, an ATM, and live music can be done.