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Business For Sale

BRITISH STYLE RESTAURANT BAR & RETAIL OUTLET

Attn: Jim Baker
Upstate New York, NY, USA
Listing Number: "mb858"
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Asking Price: $375,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Homesick for the UK.
Year Established: 2005
# of Employees: 3
Yearly Revenues: $105,000
 

Business for Sale Overview:

British Style Restaurant, Bar, Retail Outlet & Luxury Apartment. For sale is a restaurant & bar, retail outlet & luxury 2 bedroom apartment, located on approximately 1 acre of land. The asking price is $375,000. The 49 seater restaurant & bar is currently only open three nights a week – Thursday, Friday & Saturday from 5:00pm, serving home cooked meals & grosses over $90,000 per year. The bar is open late attracting not only motel visitors but is hugely popular with the local people. Having only been open for 3 years, & only open 3 nights a week, there is huge potential to open more & increase sales. The retail outlet is currently used as a fishing tackle store. This store is currently only open on request during the summer (June, July & August). Its sales were $15,000 last year but this could be increased if it were open more often. The furnished 2 bedroom, 2 bath apartment was built in 2005 & has only been lived in for 10 months, & therefore, is as good as new. With 1,050 square feet, this could be used as the owners accommodation or could be rented out, with an income of approximately $1000 per month. Contact now for more information.


Property Features and Assets:

Located in Waddington in Upstate New York, over four hundred miles away from hectic New York City, the property is located on one acre of land that overlooks the beautiful St. Lawrence River. This region is known as "the Land of a 1000 Sunsets" and the superb sunsets can be enjoyed from this establishment. The property adjoins a privately owned motel and benefits not only from the local trade but also the huge trade that passes through the motel. Luxury two bedroom cabin is included in the sale. Call for more details.


Market Competition and Expansion:

Plans for a large NASCAR style track have been approved that will be situated just 25 miles away & will increase visitors to the area. The St Lawrence has always been a big attraction for sport fishing & brings a lot of avid fishing enthusiasts to the area. There is huge potential for expansion of operating hours, thus sales, which is not being used by the current owners. No concerns regarding competition.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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