Landmark Local Eatery - Manory's Restaurant

Troy, NY (Rensselaer County)

Seller Financing Available
Landmark Local Eatery - Manory's Restaurant

Asking Price:$199,000

Cash Flow:N/A

Gross Revenue:$324,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1913

Landmark Local Eatery - Manory's Restaurant

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Business Description

Established in 1913, Manory's Restaurant is a landmark area breakfast and lunch restaurant, which has operated in the same location for over 100 years. The restaurant has developed an great reputation and loyal following by offering high quality and affordably price food and beverages, in a quaint and comfortable atmosphere, augmented by friendly and attentive customer service.

Manory's Restaurant is probably best known for its popular and satisfying breakfast menu consisting of a wide variety of items including eggs & omelettes, pancakes, waffles, French toast, breakfast sandwiches and wraps, breakfast sides and beverages. The lunch menu offers a wide variety of appetizers, salads, soups, burgers, wraps, deli sandwiches, specialty items, as well as several dessert and beverage items. The average check per person is around $15.00. The restaurant also offers a children’s menu.

Detailed Information

Employees:
20
Facilities:
The business occupies approximately 2,500 square feet of space. The premises and equipment are well kept and in good working order. There is little or no deferred maintenance. There is seating for 96 patrons. Being offered to new ownership is a multi-year lease. The new business owner will be responsible for its utilities, waste removal, and insurance. More detailed lease information will be provided at the appropriate time.
Financing:
Limited seller financing may be available to qualified buyer candidates.
Support & Training:
The owner will stay on for a mutually agreeable, reasonable period of time to train and assist new ownership in the transfer of the business.
Reason for Selling:
After 25 years of successful operation, the owner has decided to retire.

Listing Statistics for Premium Members

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Carl J. Cusano, MBA

Business Listed By:
Carl J. Cusano, MBA

Capital Business Advisors, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The New York Association of Business Brokers (NYABB).

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