Property Details

DESCRIPTION:

• A very well-known west side Monroe County NY Burger and Hots Grill
• Has been operating as a family-owned business since 2003
• The menu consists of burgers, hots, shakes, that includes their famous hot sauce
• It has a large take-out and delivery business
• This Restaurant is 2300 sq feet with additional building for storage
• The sale includes a 24′ Workhorse food truck
  • A key account for the food truck include Darien Lake
• It has a Very loyal clientele for continued repeat business.
• Hours of business are Sunday thru Thursday 11AM – 9 PM, Friday and Saturday 11 AM – 10 PM
• There is ample off-street parking

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

• Furniture, Fixtures, and Equipment at a fair market installed value of $ 75,000
• Inventory at Cost of $ 10,000

 LEASE ARRANGEMENTS:

There is a negotiable lease starting at a gross rent of $ 3,500 a month with a 3-year options to renew

SALES AND SELLERS DISCRETIONARY EARNINGS:                                   

                         2021            2020          2019                2018

Sales:           $1,053,148  $1,048,377   $ 1,507,256          $ 1,461,031

(SDE):          $   125,447   $83,313    $   164,140          $    225,906

PRICE/FINANCING:

The Asking price is $ 450,000 with owner financing available with $ 130,000 down to a qualified buyer.

COMMENTS:

This is a well-known business with a lot of good will. This is a perfect opportunity for an owner-operator to earn $ 150,000 plus a year. It has a very good reputation in the community.