450 seat banquet operating facility. It's in great shape and has room to operate a restaurant for extra income. It's such a smart buy at the asking price. Equipment alone is worth almost half the selling price. Owner is offering two deals:
1) Purchase business and rent the building and property for 8k a month. Each and every month rent will go to the purchase price of the property. Basically in 5 years you own the property.
2) Buy the business and property for a flat fee of 1.2 million.
Property includes a cottage next door and living quarters on top floor of banquet.
Great offer for a business that does 600-700k a year in sales.
Serious buyers only for this deal.
Asking Price $649,000
You May Also Like
Restaurant Take Out Biz with Available Restaurant #454512 posted Sep 23, 2016
- Highland, New York, United States
Do not lose this one--read description. The business is currently valued at 300k. With the added space for growth mentioned using the 60 person facility into a money machine, the payback for the low purchase price has the potential for one year return. The selling price combined with opportunity...
Well Known Italian Restaurant for Sale #454514 posted Sep 23, 2016
- Warwick, New York, United States
This is a great opportunity for someone seeking a big return. Large Restaurant and bar on main street in the hear of Warwick, Ny. Only one hour from Manhattan. Restaurant includes four formal dining rooms, a large fireplace, a bar, and a full kitchen with a brick oven. In addition to the business, the...
Restaurant Lounge #454015 posted Sep 16, 2016
- Rockland County, New York, United States
Excellent opportunity for this wonderful restaurant lounge business and priced substantially below fair market value. This Modern Attractive Family Restaurant with liquor license is located on an active county road in a highly active area of Rockland County, New York. This attractive 2,650 square foot...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.