Property ID : SPL25.389
For Sale $430,000.00 - Restaurant
- 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
- 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
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:
2019 2018 2017
Sales: $ 1,507,256 $ 1,461,031 $1,253,725
Cash Flow (SDE): $ 164,140 $ 225,906 $ 160,259
The Asking price is $ 430,000 with owner financing available with $ 130,000 down to a qualified buyer.
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.