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Gates Area Restaurant And Lounge With Party Room For Sale

Rochester, New York, US
Asking Price:
$190,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M
Cash Flow:
Available on request

• A long-standing, well-known Family Restaurant with an attached bar, lounge and party room
• Located in a strip mall setting
• Operating since 1978
• Very loyal clientele
• Menu consists of an American and Greek style specialty’s
• Open 6 days a week, breakfast, lunch and dinner. Closed Sundays

Property Information

Real Estate:

Lease

Location:

Strip Mall Setting

Premises Details:

5,500 square feet with plenty of well-lit parking.

Business Operation

Expansion Potential:

Ideal location for a Bar lounge. Restaurant does need some remodeling. Owner looking to retire after 43 years

Reasons for selling:

Retirement

Employees:
8FTE;2PTE
Years established:
1978

Other Information

Support & training:

The current owner will do everything necessary to ensure a smooth transition of ownership.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

With $75,000 down the Seller will finance the balance of the purchase price.

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price