Family Restaurant /diner

Weedsport, NY
Cayuga County

Family Restaurant


Asking Price: Annual Revenue:
$499,000 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert


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RE: Family Restaurant /diner Broker: Michael Kinney
License #: Call broker

Quick Facts

Asking Price: $499,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $225,000
Real Estate: $360,000
Year Established: 1993
Employees: 5
BBN Listing #: 993440651
Broker Reference #: Not Disclosed

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Business Overview:

Family restaurant same owner past 28 years. Owner have remodeled and upgrade wiring, plumbing. They built a new loading. Dock (would be great for catering. The lot is about .75 acres but placement on lot allows parking for 40 plus cars. This is a turnkey operation it has it all from parking to great entrance. Nice dinning room a POS system, large very workable kitchen, cellar for storage. This has been a well run restaurant by the same owner for over 28 years and this the first time on market.

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Property Features and Assets:

Again about 2300 square foot building on a boy .75 acre. The village of Weedsport has its own NYS thruway exit very close to location. A major casino ,and very large shopping center. This wine country, and a local racetrack rebuilt and a major source of business for the area.

Market Competition and Expansion:

Not any other types of Restaurant like this one and the fact same owner 28 years is the plus. The menu works for the area is a family restaurant, but very much like a diner.

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.

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