MergerPlace

Long-Established/Successful Restaurant

New York (Jefferson)


  • Asking Price: $225,000
  • Gross Income: $587,000
  • Cash Flow: $117,000
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $50,000
  • Listing ID: #209480
  • Established: 1992
  • Employees: 6 FT / 4 PT

Business Description

This is a long-established eatery with a terrific reputation.
Great location with a number of adjacent businesses that drive traffic.
Steady Operation with Room to Grow.
Updated Dining Room.
Loyal Customers.
Great staff in place!
New energy can build on this fabulous foundation.
A revived marketing platform along with expanded offerings and/or hours could drive future growth.


Business Details

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

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT / 4 PT

Financial Information

Asking Price: $225,000
Gross Revenue: $587,000
Cash Flow: $117,000
FF&E: $50,000
Inventory: $4,000
Seller Financing Available: Yes

Property Information

Facilities:

2,500 sq. ft. building with plenty of parking. All Equipment in Good Working Order. Lease is currently short term with options to extend.

Growth & expansion opportunities:

A revived marketing platform could drive future growth along with expanded offerings and/or hours.

Competition:

This is a long-established eatery with a terrific reputation. New energy can build on this fabulous foundation.

Reason for selling:

Sellers would like to retire from this business.

Support & Training:

The seller offers 4 weeks of training to provide for a smooth transition.

Contact Business Seller

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Business Listed By:

Arthur Kaempffe

Klassen Ingalls