Gates Area Long-Standing Restaurant and Lounge with Party Room
Rochester, NY
| Asking Price: | $185,000 |
| Inventory: | $5,000 |
| FF&E: | $75,000 |
| Gross Revenue: | $528,892 |
| Rent: | $5,560 |
| Established Year: | 1978 |
Listing ID: 2002732Listing provided by BizBuySell
BUSINESS DESCRIPTION
• 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
• Premises size 5,500 square feet
• Menu consists of an American and Greek style specialty’s
• Open 6 days a week, breakfast, lunch and dinner. Closed Sundays
• Plenty of well-lit parking available
DETAILED INFORMATION
Location
Rochester, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,500
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Premises size 5,500 square feet
• Plenty of well-lit parking available
Growth & Expansion
Ideal location for a Bar lounge. Restaurant does need some remodeling. Owner looking to retire after 43 years
Financing
With $75,000 down the seller will finance the balance of the purchase price.
Support & Training
The current owner will do everything necessary to ensure a smooth transition of ownership.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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