MergerPlace

Family Restaurant

Bath, New York (Steuben)


  • Asking Price: $398,000
  • Gross Income: $1,192,436
  • Cash Flow: $133,066
  • Real Estate: $332,500
  • Inventory: $25,000
  • FF&E: $70,000
  • Listing ID: #203966
  • Established: 1941
  • Employees: 22 FT / 4 PT

Business Description

~Includes real estate
~Long-term employee base
~Very large and loyal customer following
~Featuring fresh and flavorful American food
~Seating for 140 people
~Sales consistently exceed $1,000,000, year after year.
~Equipment is in very good condition, very well maintained.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York
Metropolitan Area: Bath
County: Steuben

Company Information

Year Established: 1941
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 22 FT / 4 PT

Financial Information

Asking Price: $398,000
Gross Revenue: $1,192,436
Cash Flow: $133,066
FF&E: $70,000
Inventory: $25,000
Real Estate: $332,500
Seller Financing Available: Yes

Property Information

Facilities:

3,500 sq. ft. facility.

Growth & expansion opportunities:

~Opportunity to capitalize on the restaurant’s great reputation by offering catering ~Providing delivery during the lunch hour would be welcomed by many businesses and offices in the area ~Suggest obtaining a beer and wine license

Competition:

There are, of course, other restaurants in the area, but this one has a very loyal and steady customer base.

Reason for selling:

Retirement

Support & Training:

The sellers will provide a minimum of 4 weeks of training to assure 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