Take the winters off with this Unique Heritage Restaurant

Ulster County, NY

Seller Financing Available

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Asking Price:$150,000
Gross Revenue:$524,870
Rent:$2,700
FF&E:$200,000
Cash Flow:$84,425
Inventory:$5,000
EBITDA:$60,778
Established Year:1967
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Ulster County, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/12/2025
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 4- 5 year options w/ 3% annual increases
Financing
Owner Terms:$25,000.00 Interest:10% Term Months:24 Monthly Payment:$1,153.62
Support & Training
Number of Weeks Seller Will Offer Training: 6
Reason for Selling
Focus on other business
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Frank
Curcio
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Frank Curcio