Succesful Ithaca Restaurant - Excellent Cashflow

Ithaca, NY (Tompkins County)

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Asking Price: Get Financing: $399,000

Cash Flow: $210,000

Gross Revenue: $1,227,695

EBITDA: $165,000

FF&E: $268,000

Inventory: $30,000*

Lease Rate: $16.50 /SF/Month

Established: 2002

*not included in asking price.

Succesful Ithaca Restaurant - Excellent Cashflow

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Business Description

Large restaurant with strong market share

Long established business with a 15+ year track record of profitability and quality of product.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
9/1/2026
Employees:
-20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lot's of quality equipment, furniture, and fixtures included in sale.
Financing:
Real Estate is also available for purchase.
Support & Training:
90 days of support and training offered to new buyer.
Reason for Selling:
Career Change
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Business Listed By:
Curtis Radcliffe

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