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- RE: Gee Gee’s Formerly Lyncourt Grill
- Contact: Michael Kinney
- License #: call broker
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | $267,000 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1010137 | |
| Broker Reference #: | KL 00023 |
Business Overview:
This has been a local landmark for many years. It was operated as Lyncourt Grill originally, then as Georgio's and most recently as Gee Gee's.
Family operation for the last few years but its time to retire, It has a full bar with seating, a large dinning room seating for 75-100. There is a party broom upstairs with its own outside entrance, seating for 40-60 based on type of party. Full attic space. Full area in basement with walk in cooler and freezer with ample space to prep! This is a chefs dream, the main kitchen has 2 fryers, a large 10 burner stove with two ovens a convection oven and a small stock room. Just too much to write. It most definitely is a must see!
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Building is in A1 condition with newer siding. Roof is in good condition. This is a true turnkey operation! Two parking lots either side of the building, one very large the other 20 plus cars the place can be full and still have enough parking. The lot size will accommodate expansion. FF&E is included and in immaculate condition and full package is priced extremely to sell!!!!
Market Competition and Expansion:
The Lyncourt area is- a quality neighborhood off Teall Avenue adjacent to Eastwood. Court St. is major route connecting the Northside to Eastwood/Lyncourt. Close to 481 / 690 and the NYS Thurway via GM circle and Carrier circle. Minimal full service competition in the immediate area with some pizza/wing quick service shops. This is an Iconic proven location that is closed do to the poor health of the owner. It has always been a successful restaurant and will be again.To book an in person visit on location call MIchael Kinney Licensed Real estate Broker 315 869 0215 or Robert Tringale Business Broker @315-395-7139
Reason for Selling:
retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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