228 Franklin St
Buffalo, NY 14202
Retail Property For Sale

PROPERTY FACTS
- Bar
- General Retail Freestanding
- General Retail Restaurant
ABOUT 228 FRANKLIN ST , BUFFALO, NY 14202
Are you ready to acquire the best available bar for sale in downtown Buffalo, NY… Welcome to the MES Lounge. Prime Location on Franklin in downtown Buffalo, within walking distance to the Curtiss Hotel and positive cash flow of over $250k NET. This is the bar to buy. Business within leased space now available for sale. The MES Lounge features 2 bars, 2 VIP seated areas and an outdoor patio. Bonus: There is a second floor of undeveloped space perfect for expansion of lounge, office space or another business. Current business owners leased the space undeveloped and invested over $250k in renovations including: signage, sound system, alarm and fire panel system, ID check system, electrical, light fixtures, plumbing, HVAC, drywall, interior brick restoration and construction of both bars with register systems, coolers, ice machines, shelves, granite counters and stone masonry for finishes. All financials substantiated with data and disclosed upon a confidentiality agreement. Business is secured in a long term lease with renewable options plus “first right” clause for building ownership. MES Lounge will remain open, and existing scheduled events will occur. Owner relocation is the only motive for the sale of this successful business. New owner can maintain the existing business known as MES Lounge or provide new business name and concept. Real Estate not included in price for business. Existing ownership open to management contract to assist new owner with operations and relationships with special guests, DJs, hosts, promoters and staff. Cash Sale Preferred. Owner will consider seller finance proposals with 50% down payment. For more information or to schedule an appointment to tour please contact me direct. Licensed Brokers and Realtors welcome. All qualified buyers will be considered.
PROPERTY TAXES
Parcel Number | 140200-111-370-0004-005-000 | Improvements Assessment | $184,900 |
Land Assessment | $67,100 | Total Assessment | $252,000 |
Listing ID: 15362819
Date on Market: 3/6/2019
Last Updated:
Address: 228 Franklin St, Buffalo, NY 14202
The Downtown Buffalo Retail Property at 228 Franklin St, Buffalo, NY 14202 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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