Asking Price: $175,000 Gross Revenue: $900,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Near five golf courses, and with a relaxing casual interior, this is a popular restaurant after a day on the links. Also preferred by families in the area for great American menu and reasonable prices.Long history of advertising and catering to golfers has quietly built this business to close to $1M and still growing, includes separate banquet facility with seating for 100 in historic brick building. This restaurant has a thirty year history and is located in the fastest growing suburb of Rochester, NY. Long term lease available and the building is also for sale but listed separately. This is a very nice opportunity to take advantage of the growth in population and real estate values in this suburb.
About the Business
Victor, New York
Number of Employees:
Building Sq. Ft.:
$5,000.00 Per Month
11,000 sq. ft. on two stories. Historic brick building with excellent maintenance history, parking for over 100 cars. Present lease term expires in two years but there are are additional five year options at the tenant's discretion. The banquet facility is on the lower level with a separate full service bar and grade level entrance and parking with NO stairs. This nicely decorated area has high ceilings and a fireplace.
This is the closest restaurant/bar to the nearby golf courses and is the only one that is preferred by this discriminating clientele because the owner understands and gets it right. There are a few others in the area but most are further away. This is also the most family-friendly restaurant in the area.
Growth & Expansion:
The double digit population growth in this county and this town provide a built-in opportunity for organic sales increases. The addition of outside seating would enhance this and be a big plus.
Golf Friendly Restaurant with adjacent banquet facility
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 & Conditions.