NOT DISCLOSED, New York
| Asking Price |
$1,950,000 |
Year Established |
|
|
| Annual Revenue |
$1,773,175 |
Reason for Selling |
Relocation |
|
| Annual P/L |
|
Attention |
Eric Mendelsohn |
|
| Annual Cash Flow |
$355,436 |
Listing Number |
985097 |
|
| # of Employees |
20 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
**Turnkey Opportunity: Own a Beloved Community Landmark!**
Dive into the heart of a thriving community with this well-established, family-owned restaurant and bar, a beloved local institution for over 10 years. Here’s why this is an investment not to be missed:
**Award-Winning Cuisine**: Renowned for its signature chicken wings, succulent steaks, and authentic tacos, this restaurant boasts an extensive menu that caters to all tastes, from gourmet burgers to fresh salads, ensuring a broad appeal.
**Prime Location with Parking**: Enjoy the advantage of your own exclusive parking lot, a rarity in the area, enhancing customer convenience and boosting foot traffic.
**Loyal Team, Stellar Service**: Benefit from a dedicated and experienced staff with low turnover, ensuring consistent, high-quality service and operational excellence.
**Historic Charm**: Housed in a building with over 50 years of history as a dining spot, this restaurant offers a nostalgic ambiance that patrons love.
**Diversified Revenue Streams**: Not only does it excel in dine-in, but it also features a robust catering service, including off-site events. Plus, a thriving takeout and delivery business through partnerships with GrubHub, Uber Eats, and DoorDash, adding significant revenue and reach.
**Sports Bar Hub**: The full-service bar with multiple screens is the go-to place for sports enthusiasts, creating a lively atmosphere and regular clientele for game days.
**Growth Potential**: With opportunities to expand bar operations, extend hours, amplify marketing, and further leverage the delivery platforms, there's significant room for growth and increased profitability.
**Investment Details**: The listing includes real estate valued at $1,100,000, with seller financing options to make your transition into ownership smoother.
Seize the chance to own not just a business, but a community treasure. If you are an existing operator of a restaurant, this could qualify for $0 down payment at the closing. For more details, please submit your inquiry today!
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity