Seller's Contact Information
- RE: Quacks Family Restaurant Famous For 46 Years
- Contact: Michael Kinney Licensed Real Estate Broker
- License #: Casll broker
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 395,000 | |
| Real Estate: | $380,000 | |
| Year Established: | 1973 | |
| Employees: | 12 | |
| BBN Listing #: | 619240651 | |
| Broker Reference #: | ICON 17 |
Business Overview:
Yes, that is right same owner since 1973 one of the most famous landmarks on the famed US RT. 20. Sales as high as $700,000 always run $500,000 plus. The operation is famous for its baked goods and there is a several building with the property on of which was a bakeshop. The had an upstairs apartment which is now filled with extra equipment. Large dining room, a party room with its own door seating for 100 people .Great area for large tent to do weddings. They had a mobile home park years ago with a little work could have several sites for RV parking. This area is famous for antique and have several very large show a year. The owner home could also be purchased with have many photos of that. Owner home B&B , geothermal heat , its own solar panels, THe owner wants to retire over 30 years in this location . Looking at all offers ! OWNER JUST SPENT OVER 100K FOR A BRAND NEW KITCHEN WILL POST NEW PHOTOS SOON ,SPENT OVER 100 K ON PROJECT A three bedroom apartment is being remodels Live and work there
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Property Features and Assets:
Huge parking lot, several buildings on the property, about 4.6 acres Family home across the road could be for sale make a great B&B big older house but nice. We just remodel the older bakery building next door to make a soft ive cream and hot dog stand. Very good sales for a new operation .The property has a large pile barn wou;Ltd make a great base for food trucks and catering .(would hold 4 food trucks )
Market Competition and Expansion:
Close to four colleges, New Yor state most famous road. Home to the largest antique show on the east coast. Just keep doing what the current owner does are you are golden. Good staff in place. This could be and will be a million-dollar restaurant OWNER IS PUTTING IN ICE CREAM SHOP IN BULIDING NEXT DOOR .NOW OPEN AND MAKING MONEY ! YOU COULD SELL OFF A PIECE OF PROPERTY FOR 149K . YOU COULD ALSO HAVE ROOM FOR a house behind the restaurant or buy owners house for a home Or B&B Only 350k ask for photos of house
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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