Property Details

Ski Country Bar/Restaurant – With Real Estate - Ontario County

Property ID : SPL25.216/PS38.11

For Sale, Real Estate $485,000.00 - Bar/Lounge, Real Estate, Restaurant

DESCRIPTION

  • 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

 PRICE/FINANCING

  • The asking price of the business is    $100,000
  • The asking price of the real estate is $385,000

 COMMENTS

  • 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.

Agent Paul Seeger

  • Office : 585-247-4750

Paul Seeger brings a wide range of business knowledge and experience to AMD Business Brokers.…
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