Upstate New York Commercial Real Estate For Sale
Location:
United States
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New York
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Fayette
Industry: Real Estate > Commercial and Residential Real Estate Brokers
Business Summary
Restaurant & Tavern for sale with Real Estate included in Beautiful Upstate New York for Sale $199,000. This Commercial Real Estate is located in beautiful Wine Country on very high traffic Route 414 between Finger Lakes, Seneca Falls & Cayuga Lake and close to Ithaca College & Cornell University. The area is considered Winery Country and the restaurant is in a very upscale well traveled spot. The 6,400 square foot building consists of two large remodeled 2 bedroom apartments upstairs with separate entrances & one large room/office downstairs. The apartments are each rented for $725 per month. The are that previously used as a tavern & restaurant has it’s own entrance with an updated kitchen & newly remodeled throughout with a large area for band/dancing & darts. Building has a new roof, doors, windows have recently been reinsulated. There is absolutely no competition in the area and plenty of room for growth. A small store/market could easily be added to increase profit & it’s very much needed in the area or a diner, pizza & ice cream shop on the other side of the building. The bar/restaurant area has seating capacity of 90-100 people & could be turned in to sports bar with no problem.
Located in beautiful wine country in Fayette, New York this bar/restaurant is near Cayuga Lake, Cayuga State Park, Women’s Hall of Fame, Seneca Falls, Ithaca College & Cornell University. The Five Points Correction facility is nearby with nearly 700 employees that pass by everyday, Eisenhower Chiropractic College, Hillside Education Center & Seneca Army Base are just 15 minutes away. There are tons of possibilities to grow this business & the options are endless. Email or call for more information. Matchmaker Business, Inc. Jim Baker 321-452-3462.
Financials
Asking Price Range: < $250K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: EBITDA
Seller Financing: Yes
About The Business
Year Established: 2003
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Support & training offered.
Reason For Selling: Retiring, health problems.
Photos
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Print Listing Id: 70097145
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