Business for Sale Overview:
Restaurant & Tavern 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 feet 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 is 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. There are tons of possibilities to grow this business & the options are endless.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
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.
Market Competition and Expansion:
Plenty of room for expansion. A small store or market could easily be added or a diner, pizza & walk up ice cream shop. The restaurant could also be turned in to a nice sports bar. Absolutely No competition!
Reason for Selling:
Retiring, health problems.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.