This 50-year heritage restaurant with scenic views, outdoor patio, new furnishings and equipment closes January and February. Making this an ideal location for a person who wants to own a restaurant and have time to recharge. At a price that an experienced restaurateur or new owner with restaurant experience and a drive for success can continue to grow profits. This restaurant has plenty of onsite parking, with built in traffic and is a destination location in a growing area of Ulster County. Don’t miss your chance to own a restaurant that hits all the spots.
Profitability at the right Price in the right Place.
E-mail or call me today to find out more. This opportunity won’t last long.
- Asking Price:
- $150,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $524,870
- Cash Flow:
- $84,425
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $2,700.00
Square Units (Foot, Meter): 2,000
Lease Expiration Date: December 30, 2025, 9:01:00 PM
Terms Options: 4- 5 year options w/ 3% annual increases
Business Operation
- Reasons for selling:
-
Focus on other business
- Trading hours:
-
M-Su 11am-9pm
- Employees:
- 12
- Years established:
- 1967
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 6
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Terms:$25,000.00 Interest:10% Term Months:24 Monthly Payment:$1,153.62
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
