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#5157
Syracuse Restaurants For Sale

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

$99,000
Restaurant & Bar w/Hard Liquor - College Area - Low Rent
This Listing is Expired

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 Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Syracuse Restaurants For Sale
Lease Term:
new lease
Total Monthly Rent:
$2,500

Financials

Last Year's Annual Gross:
$450,000

Operations

Liquor License:
Full
# of Full-Time Employees:
1
# of Part-Time Employees:
8
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Mon day thru Sunday 11:30 am to 11:30 pm
Year Established:
2003
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
175
# of Parking Spots:
100
Inside Sq. Ft.:
3500
Total Building Sq. Ft.:

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

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 26,690
Households 5-mi
2010 Number Of Households 11,217
2010 Persons Per Household 2.37
Median House Value $108,400
Income Per Household $43,985
Businesses 5-mi
2009 Number Of Businesses 759
2012 Number Of Employees 29,010
2012 Total Annual Payroll $452,288,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.


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