Restaurants For Sale in Lowville New_york

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Well Established Restaurant 44years

Location:Lowville, New York

Category:Restaurant

Asking Price:$150000

  • Sales revenue : $580,000
  • Net profit : $107,000
  • Furniture/Fixtures value : $35,000
  • Inventory/Stock value : $3,500
  • Well Established Restaurant 44years
  • Well Established Restaurant 44years

Business description

Well established restaurant (since 1975) for sale. Asking - $150,000 includingall FF&E ($35,000) and inventory ($3500). Discretionary earnings over $100,000. Mainstay downtown restaurant. Great opportunity to grow by expanding weekend hours, private parties and catering.

Other Information

  • Selling Assets: FF&E $35,000 Inventory $3,500
  • Is Business Relocatable?: No
  • Is Business Home Based?: No
  • Franshise Terms: na
  • Real Estate: 3 Dining Areas, Kitchen prep area, 2 storage areas. 1794 Sq.ft. Seats 72. Street Parking and Public Parking lot
  • Expansion: Do more private parties .Open on Saturday night and Sunday. Catering
  • Years Established: 1975
  • Employees: 3FT/10PT
  • Trading Hours: M-F 6a-8p; Sa 6a-2p
  • Support Training: 4 weeks post-closing
  • Reason For Selling: Retirement
  • Lease Terms: $1000/mo.
Klassen Ingalls
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