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Financing: $99,000.00 Down and Possible for a well-qualified buyer. Reason for Selling:Retirement. 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!
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |