Sport Bar and Restaurant

Not Disclosed, NY
Onondaga County

Central New York

Asking Price: Annual Revenue:
$399,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sport Bar and Restaurant Broker: Michael J KInney
License #: call Broker

Quick Facts

Asking Price: $399,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 5
BBN Listing #: 113240651
Broker Reference #: icon 15

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Business Overview:

Remember open since 1991, same owner and first time on market. Sale's always in the $500,000 area even did well during the pandemic. The operation has a great menu easy to do. And the secret is just to do what they do. Great spot to be run by a family. Most likely a place to get an SBA loan. The restaurant has many upgrades, new chairs, kitchen equipment. Too many to list call for more information This is a true turn-key operation. You are buying a business and not the building, but low rent. It also comes with several options on rent as well.

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Property Features and Assets:

Large parking lot, seating for about 100. The owner has always replaced and put the money back into the operation.

Market Competition and Expansion:

The use of third-party apps for delivery would make a huge increase in sales. Because of many years of operation, this is a true turn-key operation. It's almost like buying a franchise without buying one. Super first-time business!

Reason for Selling:

Change of careers.

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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