Notch 8 Jamesville New York

Jamesville, NY
Onondaga County

Notch 8 Jamesville New York


Asking Price: Annual Revenue:
$449,000 $495,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Notch 8 Jamesville New York Broker: Michael Kinney Licensed Broker
License #: See broker

Quick Facts

Asking Price: $449,000
Annual Revenue: $495,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: $330,000
Year Established: 2015
Employees: 12
BBN Listing #: 875340651
Broker Reference #: JV 1200

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Business Overview:

Current and best use Gastro Style Bar and Full-Service Restaurant. The only Full-Service Restaurant in Janesville...and the only upscale bar, close to the University and all of its activities. In 15 minutes you could be downtown. Comprises; Two Kitchen's a line and prep Kitchen. Full Bar with seating for 52. Dinning room seats 62. Tons of parking. Totally rebuilt in 2015...current owner has more invested in the restaurant than the asking price. This would make a great Chef owned business. Restaurants' first year sales was $495,000. This would be a great catering kitchen with very strong sales that does $350,000 with limited hours. The prep kitchen is one of the best parts of the operation. This is a turn-key operation, nothing to build-out and ready to make money. A great Gastro Pub operation.

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Property Features and Assets:

Building is two stories, 3,800 square feet...again, a total remodel in 2015. A large prep kitchen downstairs and nice line kitchen upstairs, bar with seating, nice dinning room, tons of parking.

Market Competition and Expansion:

Catering sales would increase this restaurant greatly. All this restaurant needs is ambitious and talented owner /operator. A family team with front and back of house experience would be great. Bar is a sleeper only bar in area. Close to Syracuse University and all its activity...in an Upscale suburb.

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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