Gino's Cheese Steak For Sale

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Asking Price:
$144,900

Gross Revenue:
$475,000
Cash Flow:
$38,500
EBITDA:
$79,000
Inventory:
$8,000
included in asking price

FF&E:
$28,000
included in asking price

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Business Description

Gino's Cheese Steak
Turnkey well established restaurant
Includes all FF&E
Great Village Location
Fully equipped Kitchen & Bar
Favorable lease for new owner
Transferable liquor license
Plenty of Parking

About the Business

Location:
Fayetteville, New York
Year Established:
2014
Number of Employees:
7
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$2,128.00 Per Month
Lease Expiration:
6/20/2025
Facilities:
Turnkey well established restaurant
Includes all FF&E
Great Village Location
Fully equipped Kitchen & Bar
Favorable lease for new owner
Transferable liquor license
Plenty of Parking
Market Outlook/
Competition:
Pros - Located in the middle of the walkable area of the Village of Fayetteville NY. Town of Manlius enjoys one of the highest per capita income areas in Onondaga County. Unique menu and bar offerings quickly established loyal customer base. Includes area for outdoor bistro seating.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller will stay on for a mutually agreed amount of time to train new owner
Seller Financing:
49000

Listing Info

ID:
1645105
Ad Detail Views:
0

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Business Listed by

Michael Arcuri

Syracuse Realty Group

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