Beautiful, Seasonal Western NY Waterfront Restaurant with Marina

Asking Price$200,000

Cash Flow
$77,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$450,000

Inventory$10,000
Not included in asking price
FF&E$80,000
Included in asking price
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Beautiful, Seasonal Western NY Waterfront Restaurant with Marina


Asking Price$200,000

Cash Flow
$77,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$450,000

Inventory$10,000
Not included in asking price
FF&E$80,000
Included in asking price

Seller Financing Available
Business Description
Casual hamburger, hotdog, sandwiches, salads ice cream restaurant that seats 58 with large waterfront patio that seats 63 with great views of the Niagara River.
Open seasonally from June-September.
Additional income generated by 89 boat slip rentals which are maintained by the landlord.
Landlord also responsible for maintenance of the roof and structure.
Beer and wine license.
Live music.
Ample parking
YOU PAY ONLY 5% OF OF GROSS RETAURANT SALES AND 25% OF BOAT SLIP RENTALS AS YOUR RENT PAYMENT.
NO MINIMUM RENT! NO RISK!
About the Business
Years in Operation
13
Employees
36 (6 Full-time, 30 Part-time)
Seasonal Business
Facilities & Assets
2475 sq ft single story building situated on 89 slip marina on the Niagara River with ample parking and a 63 seat patio
Market Outlook / Competition
Surrounded by recreational water activities, apartments and industries.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,475
Rent
$3,750.00 per month
Lease Expiration
3/17/2042
About the Sale
Seller Motivation
Owner retiring
Transition Support
To be determined
Financing Options
Owner will hold note with substantial down payment
Listing Info
ID
2426864
Listing Views
12

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Business Listed by: alan hastings

Listing ID: 2426864 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.