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Listing #5157

Restaurant & Bar w/Hard Liquor - College Area - Low Rent

Price: $99,000
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Restaurant & Bar w/Hard Liquor - College Area - Low Rent

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Please select the link to the left "Want name/address" to visit this restaurant.

This restaurant and bar has operated for 14 years, has a large bar area serving hard liquor and seats more than 50 customers.  It feels a bit like a steakhouse.  The dining area is in great shape and seats another 100+ customers. 

This business also sells Lotto tickets, which covers the real estate taxes.

For the chef, there is a large kitchen area you're going to love. The build-out is great and the money put into the space shows. There are two dining areas where one can be closed-up to convert to a banquet room. 

There is a great staff in place ready for a new owner. And to add sweetness to this deal, the landlord is fantastic to work with. 

There are over 100 parking spaces and this business is located on a very high traffic location. 

This restaurant shows well. Go out and see it!


This is a MJ Kinney Brokerage, LLC. listing.
Licensed Real Estate Broker New York Michael Kinney DRE License #37K10989135
   
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General Information
Listing Status: Available
Price: $99,000
Location: Syracuse
Last Year's Annual Gross: $450,000
Lease Information: new lease
Monthly Rent: $2,500
Liquor License: Full
Indoor Seating: 175
Number of Parking Spots: 100
# of Part-Time Employees: 8
# of Full-Time Employees: 1
# of Family Employees: 1
# of Working Owners: 1
Hours Open: Mon day thru Sunday 11:30 am to 11:30 pm
Year Established: 2003
Inside Sq. Ft.: 3500
Total Building Sq. Ft.: 5000
Hood System Type 1: Yes
Hood System Type 2: Yes
Highlights
  • Busy road

  • Oak bar seating for 75 plus

  • Large kitchen

  • Close to college campus

  • Two dinning rooms

  • Updated bathrooms

  • Parking 100 plus

  • Could make a great steak house

  • Cheap rent

  • Close to Cortland college and sports field

  • Building very good shape

  • Bring a menu or use his ready to make money



DISCLAIMER: The User (that's you reading this) of this Website understands that MJ Kinney Brokerage, LLC.  DBA SellingRestaurants of New York ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.



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