Picturesque Upstate Restaurant w/ 3 Bedroom Apt.
Greene County, New York
Asking Price: |
Gross: |
Cash Flow: |
$115,000 |
$322,757 |
$46,100 |
Inventory Value:
$3,000 (included in the asking price)
Business Summary:
LISTING ID # 34161Quaint Upstate Restaurant. Only open for dinner 3 night per week!. Are you currently in the food service industry in the NY Metro area and seeking to escape the rat race, but continue to do what you love? This is the listing for you. This is an award winning restaurant just 2.5 hours North of Manhattan in the picturesque Catskills area. It is just minutes from local attractions such as Windham and Hunter Mountains. Again, the restaurant is only open 3 nights per week right now Fri-Sun! Overall, the restaurant fared very well during 2020. It is a fully equipped 2,026 sf. including a prep basement. The base rent is 4,000/mth with a long-term lease possible for a well-qualified tenant. There are 45 seats inside and 20 outside. In 2021, the business grossed approx. $322,757.00 with an owner's cash flow of approx. $46,100.00. The business has been established for 15 years. In addition to the owners there are 7 P/T employees. The current owner will sell the business with the name and all recipes, or you can bring in a totally new concept. The owner is selling in order to retire. We are seeking a serious and financially qualified buyer with at least $75K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or [email protected]. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34161 for instant access to this business information.
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Year
Business was Established: 2007 |
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Number of Employees:
2FT/7PT |
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Owner
willing to finance:
75,000.00 Down & $40K over 4 yrs. @ 6% |
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Owner
willing to train:
Seller will train |
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Reason for selling:
Retirement |
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REQUEST MORE INFO |
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