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- RE: Long Time Restaurant With A Laundromat Next Door
- Contact: Michael Kinney
Quick Facts
| Asking Price: | $1,100,000 | |
| Annual Revenue: | $800,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 981989 | |
| Broker Reference #: | C-21 10002 |
Business Overview:
Famous restaurant current owner worked and then purchased the restaurant over 40 years ago. Owner has strong sales year around ! Close to Canada and Waterown  very close to the Bay and river. Owner has  spent a great deal of money maintaining a first class operation. Bar alone well over $20,000 one of the dinning areas spent over $30,000 in materials. Outsude patios summer and fall This would make a great firts time ooperation for a family. The price also includes a laundromat on the same property but seperate buliding. Menu works for area , this is a town favorite, very strong bar sales. This  is a million plus operation.
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Property Features and Assets:
Family restauarnt with seperate dinning rooms walk in coolers and frezzers chefs dream kitchen. Fully equipped and ready to go . Will post photos soon!
Market Competition and Expansion:
Other restaurants of course , just makes this one even better! The laundromat , are always a nice cash cow. Large parking , owner also owns another property next door to the two listed properties. May look at a right to first refusal if ever sells ( ps its a very nice B&B our could be a great home ) Again for the right person or family great place to love and make a very good income . Please feel free to look at my own website anyone that buys a listing form me gets 5 hour free consulting an year.
Reason for Selling:
returementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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