$2M+ Revenue Turnkey Waterfront Restaurant & Real Estate

Asking Price$1,750,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,156,795

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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$2M+ Revenue Turnkey Waterfront Restaurant & Real Estate


Asking Price$1,750,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,156,795

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Confidential opportunity to acquire a fully renovated, high volume waterfront restaurant and hospitality operation with historical revenues exceeding $2 million annually. The offering includes the real estate, furniture, fixtures and equipment (FF&E), operational systems, majority of recipes, and intellectual property associated with the business. The business trade name is excluded from the sale, creating a unique opportunity for a new operator to reposition or rebrand the concept while leveraging the substantial existing infrastructure and operational platform already in place.

The facility underwent a significant renovation and repositioning during 2022 and 2023 and today operates as a turnkey hospitality asset located along a busy navigable waterway in Northern Onondaga County, New York. The property includes a comprehensive FF&E package featuring a high-end commercial kitchen buildout, refrigeration systems, bar equipment, dining furniture, POS systems, and substantial back of house operational infrastructure.

The operation has demonstrated consistent revenue performance exceeding 2 miillion in gross revenue annually.

Ownership has invested substantially into both front-of-house and back of house improvements, creating a highly functional hospitality environment capable of supporting high volume restaurant operations, entertainment programming, catering, and private events. The existing infrastructure significantly reduces startup and buildout costs for a new operator.

The property benefits from strong regional traffic drivers including tourism, boating activity, seasonal hospitality demand, entertainment driven visitation, and destination dining traffic. Its waterfront positioning and existing operational setup create additional upside potential through expanded outdoor hospitality operations, including seasonal outdoor bar concepts, live entertainment, event programming, and increased waterfront activation.

The operation is well positioned for an owner-operator, hospitality group, investor, or experienced restauranteur seeking a fully operational hospitality platform with strong historical revenues and significant underlying real estate and infrastructure value. The offering presents an opportunity to continue existing operations or reposition the concept under new branding while utilizing the established systems, kitchen infrastructure, staffing platform, and customer traffic patterns already in place.

Ownership is willing to provide a reasonable transition and training period following closing to assist with operational continuity, vendor relationships, staffing transition, recipes, systems, and general business operations. Additional information, financials, and property details will be provided subject to confidentiality requirements and execution of a non-disclosure agreement.
About the Business
Years in Operation
3
Facilities & Assets
The facility underwent a substantial renovation and repositioning during 2022 and 2023, resulting in a fully updated and turnkey restaurant and hospitality operation situated on a busy navigable waterway. The offering includes a comprehensive package of furniture, fixtures, and equipment (“FF&E”), including a high-end commercial kitchen buildout, smokers, cooking equipment, refrigeration systems, bar equipment, dining furniture, POS systems, and operational infrastructure associated with the business.

The property has been improved to support high-volume restaurant, catering, entertainment, and hospitality operations with substantial investment made into both front-of-house and back-of-house functionality.

Its location along an active water corridor supports seasonal tourism, destination dining traffic, and event-driven business. The sale presents an opportunity to acquire a fully operational hospitality asset with minimal immediate capital expenditure anticipated at transition.
Market Outlook / Competition
The Onondaga County hospitality market benefits from a strong regional customer base driven by suburban growth, tourism, recreational boating activity, and Syracuse metro area traffic. Northern Onondaga County has developed into a destination dining market supported by waterfront activity, seasonal tourism, and entertainment-driven hospitality concepts.

The competitive landscape consists primarily of independent restaurants, taverns, and waterfront dining establishments, many of which focus on casual dining and entertainment. The subject property is differentiated by its extensive renovations completed in 2022/2023, high-volume operational capacity, substantial investment into kitchen and hospitality infrastructure, navigable waterfront positioning, live entertainment capabilities, catering/event potential, and historical gross revenues exceeding $2 million annually.

The asset is well positioned as a destination-style hospitality venue within the regional market.
Opportunities for Growth
Additional growth opportunities exist through continued expansion of outdoor hospitality and entertainment operations. The property’s waterfront positioning and existing infrastructure create the potential for an enhanced seasonal outdoor bar and entertainment experience capable of driving increased tourism traffic, event programming, live music revenue, private events, and expanded seasonal food and beverage sales.

Further upside may also exist through expanded catering operations, private events, branded merchandise, enhanced marina and boating traffic capture, and operational efficiencies under new ownership. The existing infrastructure and strong revenue base provide a platform for future growth without requiring significant additional capital investment.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,316
About the Sale
Transition Support
Ownership is willing to provide a reasonable transition and training period following closing to assist with operational continuity, vendor relationships, staffing transition, recipes, systems, and general business operations. Transition support is expected to help facilitate a smooth handoff of the business and reduce disruption during the ownership transfer process. Specific transition terms, duration, and scope of involvement shall be negotiated as part of a formal purchase agreement.
Listing Info
ID
2503662
Listing Views
14

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Business Listed by: Steven Reed

Listing ID: 2503662 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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