Current use restaurant

Morrisville, NY
Madison County

Restaurant space

Asking Price: Annual Revenue:
$194,000 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert

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RE: Current use restaurant Broker: Michael Kinney licensed real estate broker
License #: Call broker

Quick Facts

Asking Price: $194,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $175,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 404140651
Broker Reference #: CN 0001

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Business Overview:

Current use foodservice place with seating for 75 people, kitchen well laid out. The downstairs is used as a prep kitchen. The upstairs has been used for many things. It has been an apartment, party room, extra seating. Best use maybe a different business model.

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Property Features and Assets:

This is an 5,600 square feet leasing space with on street parking in a college town The college has an excellent foodservice program which means a great source of good labor. The operation has been successful in the past. And has all of the bones to do the same again. Call for an appointment to see this location.

Market Competition and Expansion:

At this time this location could be several ideas, Morrisville does not have a grocery market. Perhaps a market with strong food presence. Could have dinning space upstairs and of course the restaurant, a quick service operation, diner town does not have at this time. Bring your ideas the price of This operation just reduced from $225,000.00 owner very motivated. Buying a business with Michael Kinney licensed broker/ foodservice consulting. You receive five hours free a year.

Reason for Selling:

Owner investment.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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