MergerPlace

Very popular restaurant/bar

New York (Oswego)


  • Asking Price: $740,000
  • Gross Income: $671,308
  • Cash Flow: Not Disclosed
  • Real Estate: $606,000
  • Inventory: $9,000
  • FF&E: $75,000
  • Listing ID: #203225
  • Established: 2007
  • Employees: 3 FT / 21 PT

Business Description

~Supported by locals and tourists throughout the year
~Seating capacity of 96
~Plenty of parking spaces available
~The premises are very well maintained, landscaping is nicely manicured, and equipment is serviced regularly.
~The restaurant is well known for its high food quality and its consistency


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York
County: Oswego

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 21 PT

Financial Information

Asking Price: $740,000
Gross Revenue: $671,308
FF&E: $75,000
Inventory: $9,000
Real Estate: $606,000
Seller Financing Available: No

Property Information

Facilities:

3,500 sq. ft. facility situated on 1.25 acres.

Growth & expansion opportunities:

~Opportunity to increase revenue by expanding the hours. Staying open later would attract a bar crowd at night. Serving breakfast should result in higher bottom line profits.

Competition:

There are other restaurants in the area, but this one is rated very highly in every respect.

Reason for selling:

The seller is ready to retire.

Support & Training:

The seller offers a minimum of two weeks of training to provide for a smooth transition.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Dave Bradia

Klassen Ingalls