Picturesque Upstate Restaurant w/ 3 Bedroom Apt. - 34161 Business Type: delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $99,000 | Down Payment | $99,000 |
Gross Revenues | $322,757 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $46,100 | Number of FT Employees | Register Free to View |
Financing
$99,000 Down and Possible for a well-qualified buyer.
Business Description
Quaint upstate restaurant. Major price reduction! The owner is semi-retired and the business is only open only on the weekends, 5pm-8pm. You read that correctly, they are only open 6 hours 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 major local attractions. Again, the restaurant is only open 2 nights per week right now Sat-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 $99K in liquid funds to cover the down payment. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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