Property ID : SPL25.242
For Sale $299,000.00 - Bar/Lounge, Restaurant
- 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 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
$ 1,169,378 $ 931,584
- The asking price is $ 299,000.
- There is seller financing, with $ 175,000 down, available to a credit-worthy buyer.
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.