Property Details

Very Popular Suburban Sports Bar & Restaurant - Monroe County

Property ID : SPL25.242

For Sale $299,000.00 - Bar/Lounge, Restaurant

DESCRIPTION:

  • A high volume Sports Restaurant /Bar located off a main highway in Monroe County NY
  • Was newly remodeled within the last year
  • A popular suburban gathering place with a very loyal clientele
  • Has a nine year history of consistent sales
  • Has a Large bar with a full liquor license
  • Has a 1000 sq. ft. outside fenced-in patio
  • There is ample parking for 100+ cars
  • Currently open Monday – Sunday 11 AM to 2 AM
  • This is a very popular spot for sports teams and parties
  • The facility is 4400 total square feet
  • One of the top lotto accounts in Monroe County

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Furniture, Fixtures, and Equipment Fair Market Installed value of $ 110,000
  • Inventory at cost of $ 5,000

 LEASE ARRANGEMENTS:

  • Lease terms are negotiable.
  •  Base lease is $6,500 a month triple net with taxes running around $2,000 a month

REVENUES (From POS System) reported                   

2016                2015
$ 1,169,378       $ 931,584

 PRICE/FINANCING:

  • The asking price is $ 299,000.
  • There is seller financing, with $ 175,000 down, available to a credit-worthy buyer.

COMMENTS:

This is a great opportunity for an individual or a group looking for a high volume restaurant and bar in a very popular suburban location.  Current owner is willing to stay on up to 4 weeks for training.  This could also be a great franchise opportunity.

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

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