Oswego County NY Restaurant for Sale Events Venue

Not Disclosed, NY
Oswego County


Asking Price: Annual Revenue:
$895,000 $916,272

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Oswego County NY Restaurant for Sale Events Venue Broker: Steve Weinbaum

Quick Facts

Asking Price: $895,000
Annual Revenue: $916,272
Net Profit: Not Disclosed
Cash Flow: $113,894
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: 8
BBN Listing #: 39138096
Broker Reference #: 7998

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Business Overview:

Profitable multi-use Restaurant for Sale with Bar, Indoor/Outdoor Events Venue and more. Located in Beautiful Upstate New York in Oswego County. 2019 Revenue of Over $900,000 generated over $100,000 in EBITDA for a semi-absentee owner. Experienced Staff in place. Purchase Price includes Real Estate consisting of close 5 Acres in size, 15,000 square feet of inside space, and undeveloped waterfront property, and Living Quarters.

If you live in New York, New Jersey, Pennsylvania or the surrounding Tri-state area, this is the opportunity you've dreamed of. A beautiful slice of heaven in upstate New York that generates a six figure income. Keep in mind, $100,000 in Oswego County likely goes further than double or triple the income inside the hustle and bustle of the urban areas near New York. The Owner of this incredible real estate and restaurant for sale business has built up the revenue and reputation for the last seven years and now it's time to pass the torch to the next owner. But rest assured, the current owner will ensure you are trained and ready to take over this venue along with it's experienced staff and multiple revenue streams.

Oswego County, home to this Restaurant for Sale with Bar and Events Venue is located approximately four and one half hours from New York City and offers year-round fun and recreation for everyone! History, festivals, fishing and outdoor activities highlight each season. Oswego County is just north of Syracuse and northwest of Utica, on the eastern shore of Lake Ontario. We Sell Restaurants know this is a great location for such a profitable business!

The venue is 15,000 square feet and consists of a restaurant, bar and special events area. In total it can accommodate over 300 people inside and out. A local destination, not only for dining out, but also for weddings, showers, and other occasions, the new owner would immediately from the many bookings already planned for 2021. Additionally there is revenue from drop off catering and other sources. The experienced kitchen and service staff ensure the business runs smoothly. The owner spends approximately 10 to 20 hours a week on leadership and operations. Don't miss out on, not only a strong business, but a lifestyle opportunity all rolled-up in one amazing package. Contact your restaurant brokers at We Sell Restaurants today for more information on this Restaurant for Sale with Bar, and Events Venue.

Please note that the Real Estate is being marketed by We Sell Restaurants on behalf of a licensed real estate agent in the state of New York.

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Property Features and Assets:

Rooms Beds 7 Pull Out Couch 1 TVs 7 Dressers 6 Desks 6 Night Stands 12 Small Tables 2 Linens 20 Lamps 14 Cookware plates utensils 3 Microwaves 8 Mini Refrigerators 6 Bar 72in Cooler 1 60in 4 keg cooler 1 Walk in Cooler 1 10ft Stainless sink 1 8ft Sink 2 24in Sink 1 Bunn Coffee Maker 1 Blender 1 Glassware 200 TV 7 Antique Whiskey Barrel 5 POS System 3 Timberland Woodstove 1 Sound System 1 High Tops 8 Bar Stools 48 Dining and Banquet Tables 50 Chairs 225 Folding Banquet Tables 12 Chaffers 10 Sound System 2 Podium 2 Gas Fireplace 1 China 500 Silverware 1500 Theater Lighting System 1 Serving Utensils 40 Coffee Maker 1 Outside Furniture Tables 12 Chairs 40 Fire Pit 1 Event Folding Chairs 100 Kitchen Deep Fryers 2 Convection Ovens 2 Char Grille 1 Stove with ovens 1 Pasta Cooker 1 Hobart Mixer 1 Ice Maker 1 Sandwich Stations 2 Steam Table 1 Heat Lamps 5 Prep Tables 5 Soup Warmer 1 Vertical Cooler 1 Vertical Freezer 1 3 Bay Sinks 2 Hot Box 2 Handheld Mixer 2 Food Processor 1 Cookware and Utensils 200 General Carts Dollies and Racks 5 Off site Catering Equipment 1 Storage Freezers 2 Misc Racks 10 Misc Neon and Artwork 50

Market Competition and Expansion:

Close to world class fishing (Lake Ontario and Salmon River), Picturesque wedding and event venue, Centrally located in Oswego County.

Reason for Selling:

Other

Additional Details:

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

Relevant Links:

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