| Asking Price |
$850,000 | Inventory |
$30,000* |
|---|---|---|---|
| Gross Income |
$2,400,000 | Real Estate |
$1,350,000** |
| Cash Flow |
$250,000 | Year Established | 1993 |
| FF&E |
$165,000* | Employees | 15 p/t 20 f/t |
* included in the asking price
** not included in the asking price
Check out this newly listed seafood and steak restaurant, located minutes from a popular sporting/recreation spot. Includes catering, banquets and outside dining. Full liquor license. Indoors seats 250+. Open since 1993, it enjoys a loyal local clientelle as well as tourists...........plus a steady growth of 15 to 18% each year. Property was recently appraised at $1.5M, but owners will let it go for $1.35M with the purchase of the business, asking $850,000. Restaurant is completely equipped and staffed. Call me with serious interest only.........David Meilsin..........315-292-6876.
Facilities: 8000 sq ft. plus partial basement. Rent is $8000.00 per month, tripple net. 5 year lease plus one 5 year option. Facility is in excellent condition, as sellers have updated HVAC, electric and roof. Plentiful parking.
Competition: Very little.
Growth/Expansion: Could easily open for breakfast. Increase marketing. Promote catering off site.
Support/Training: Owners are willing to fully train.
Reason Selling: Owners wishes to retire.

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