Property Details

Restaurant and Bar - Monroe County

Property ID : SPL25.335

For Sale $225,000.00 - Bar/Lounge, Restaurant

DESCRIPTION:
• A Popular Restaurant and bar located on the Canal in Monroe County
• Large outdoor patio with a scenic view of the town and canal
• Outdoor seating up to a 100 that can be enclosed for party’s and banquets
• Indoor seating for up to 80 that includes seating for 24 around an art deco bar
• Large kitchen ideal for catering and high volume for guests within the restaurant
• Plenty of well-lit off-street parking available
• Great lease structure
• Established four and one-half years ago.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• Current FFE at a fair market value of $75,000.
• Inventory at a cost of $20,000.

LEASE ARRANGEMENTS:
Current lease is $2700 a month gross and extensions can be negotiated

SALES AND SELLERS DISCRETIONARY EARNINGS:
2018 2017
Sales: $778,771 $ 671,214

PRICE/FINANCING:
Asking price is $225,000.

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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