Business For Sale Listing 144028
British Style Restaurant Bar & Retail Outlet
Status as of Oct-6-2008 at 06:01 PM: Active
Business Summary
British Style Restaurant, Bar, Retail Outlet & Luxury Apartment. For sale is a restaurant & bar, retail outlet & luxury 2 bedroom apartment, located on approximately 1 acre of land. The asking price is $375,000. The 49 seater restaurant & bar is currently only open three nights a week – Thursday, Friday & Saturday from 5:00pm, serving home cooked meals & grosses over $90,000 per year. The bar is open late attracting not only motel visitors but is hugely popular with the local people. Having only been open for 3 years, & only open 3 nights a week, there is huge potential to open more & increase sales. The retail outlet is currently used as a fishing tackle store. This store is currently only open on request during the summer (June, July & August). Its sales were $15,000 last year but this could be increased if it were open more often. The furnished 2 bedroom, 2 bath apartment was built in 2005 & has only been lived in for 10 months, & therefore, is as good as new. With 1,050 square feet, this could be used as the owners accommodation or could be rented out, with an income of approximately $1000 per month. Located in Waddington in Upstate New York, over four hundred miles away from hectic New York City, the property is located on one acre of land that overlooks the beautiful St. Lawrence River. This region is known as "the Land of a 1000 Sunsets" and the superb sunsets can be enjoyed from this establishment. The property adjoins a privately owned motel and benefits not only from the local trade but also the huge trade that passes through the motel. Contact now for more information.
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