Successful Local Restaurant

Halfmoon, NY (Saratoga County)

Bar Area
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Asking Price: Get Financing: $199,900

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $227,000

Inventory: $35,000*

Lease Rate: $6,300 /SF/Month

Established: 1987

*not included in asking price.

Successful Local Restaurant

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Business Description

Long Established Neighborhood Restaurant/Bar. Located in busy Malta just a few miles from Global Foundry's and Saratoga Lake/Racetrack. Available Outdoor Patio for an Additional Revenue Source. All FF&E included in the sale. Seller is Motivated.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,184
Lease Expiration:
11/30/2019
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large Dining Room, Seperate Bar, Private Back Room For Parties
Competition:
Ideal location in the heart of busy Clifton Park/Malta.
Growth & Expansion:
Expansion to Patio would bring tremendous additional revenue as the area overall lacks outside dining opportunities.
Support & Training:
Seller willing to stay on for training.
Reason for Selling:
Seller is retiring and moving south
Business Website:
http://saltyspub.com/
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Business Location


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Susan Cerone

Business Listed By:
Susan Cerone

Howard Hanna CRE

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