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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

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New Restaurant For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $350000
Net Profit / Cash Flow  $350000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  10 - 19
Inventory  $75,000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner will stay to train and all staff will stay including chef.
Reason for Sale  Owner needs to relocate closer to other business & partner.
Description  Owner must sell. This is such a great deal at $299,900. It was listed for $399,999. Visit Margaritas-restaurant.com for current photos. Completely renovated from floor to ceiling 3,500 sq ft restaurant. Gorgeous. Owner has owned for 25 years. Dry basement for dry storage. 2nd floor has 5 fully rented apartments with leases. Income is $2,200 should be $2,800 a month, they are aware that rent increases coming. Rear entrance for deliveries. Mideavil doors on the front, with lighted soffitt. Two private wine rooms. Monthly income is $30,000+ off season in season $40,000+. The bar closes at 9pm with dining room, if you kept the bar open until 2am the proceeds would greatly increase. The bar generates $2,000 more a night on Friday and Saturday. Breakfast is a grand idea too, as well as catering. Too much in this place to describe here. It was remodeled and re-opened to sell. This is a resort area year round on the salmon river and 2 miles to Lake Ontario. There is nothing wrong with this facility, the reason for selling is simple. The potential here is unbelievable. There is custom crafted arches, booths, a full tavern, a waterfall in the dining room, 5 baths, all separate utilities in the apartments, central air conditioning on the main floor, all new windows, doors & roof, apartments have separate utilities. NY lottery and liquor license is in place and operating. Leave the bar open until 2 am, we close at 9pm, breakfast would boom as well. We do no not do breakfast due to time restraints. 2 miles to beautiful Lake Ontario. Main st of historic Pulaski. We have a 2 year full page ad in the local hotel guide, that is paid for for the two years. Email or call at 315-382-3462 for more information on this restaurant for sale.
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