Property ID : SPL25.216/PS38.11
For Sale, Real Estate $485,000.00 - Bar/Lounge, Real Estate, Restaurant
- A well established Bar & Restaurant located in the ski resort area of Canandaigua, NY.
- Seller has been operating at this location for over 36 years and is ready to retire.
- Full Service Bar & Restaurant with outdoor deck and patio area.
- Business is frequented by skiers with the close proximity to a well known ski resort.
- Business comes with 2 bedroom home next door.
ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price)
- Fair market value of Furniture, Fixtures and Equipment installed of $ 35,000
- Inventory at seller’s cost of $ 20,000, which will be adjusted prior to closing.
REAL ESTATE (Included in the asking price of $485,000):
- 2 buildings come with the sale
- The Restaurant/Bar is 2500+/-sf
- The 2 bedroom home located on 1 acre of land.
TOTAL SALES AND SDE:
Reported Sales: 2015 – $ 485,000 2014 – $ 372,494 2013 – $ 395,124
Reported SDE: 2015 – $ 46,380 2014 – $ 31,354 2013 – $ 51,817
- The asking price of the business is $100,000
- The asking price of the real estate is $385,000
- This business is a unique opportunity for someone to operate a bar/restaurant, and have their living quarters next door in a country setting ski resort area.
- A turnkey opportunity with room to grow the business with over 36 years in business.