Iconic Bar and Restaurant

Chittenango, NY
Madison County

Iconic Tavern and restaurant


Asking Price: Annual Revenue:
$595,000 Not Disclosed

Food & Beverage: Miscellaneous


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RE: Iconic Bar and Restaurant Broker: Michael Kinney Assocate Broker the Icon Companies
License #: Call broker

Quick Facts

Asking Price: $595,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1935
Employees: 6
BBN Listing #: 35240651
Broker Reference #: 033

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Business Overview:

This is the cheers of the area very strong bar and food sale’s. Dining room and new upgrade to kitchen done.This has been in family for 54 years and the same owner 38 years Equipments is good dining room large or catering. At the current time close early , again more chance for sales. This would make a great family business as it has served the current owner and family well. In the restaurant business we look for 80/20 eighty food 20 bar. Well this is 60 bar and 40 food. The owner owns houses around the property would look at offer. THe photos and list of equipment will be posted soon. Again if you are looking for a BAR /RESTAURANT this is it. If not from area perhaps you may have spot for you buy or rent?

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Property Features and Assets:

Great parking on a corner with three streets ,not sure if that is a corner but is today . This is a licensed Broaster chicken business, that is the base of a great catering business. The have special night just for the chicken. I plan to go this week ,we had the fish before and very good. This is a great restaurant that does not need a high price chef.

Market Competition and Expansion:

You would need to drive to next town, this is the best spot in town. Outside place for people, parking, updated security system.

Reason for Selling:

Retirement

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.

Documents:

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