Well Established Restaurant (44years)

Lowville, NY
Lewis County

Downtown


Asking Price: Annual Revenue:
$150,000 $580,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established Restaurant (44years) Broker: Scott McElhearn

Quick Facts

Asking Price: $150,000
Annual Revenue: $580,000
Net Profit: Not Disclosed
Cash Flow: $107,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 13
BBN Listing #: 983640071
Broker Reference #: 3664

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Business Overview:

Well Established Restaurant (Since 1975). Listed at $150,000.00 Includes $35,000.00 of FFE & $3,500.00 in Inventory. Mainstay downtown restaurant. Great opportunity for growth in expanding weekend hours, private parties and catering.

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Property Features and Assets:

3 Dining Areas, Kitchen prep area, 2 storage areas. 1,794 Square feet Seats 72. Street Parking and Public Parking lot.

Market Competition and Expansion:

Zeb’s & Fast Food./ Atmosphere with great food at affordable prices. 44 years as main stay downtown restaurant. Do more private parties .Open on Saturday night and Sunday. Catering.

Reason for Selling:

Retirement

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.

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