Thriving Restaurant Business Grossing $25K/Week

Rosendale, NY (Ulster County)

Thriving Restaurant Business Grossing $25K/Week
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Asking Price: Get Financing: $795,000

Cash Flow: N/A

Gross Revenue: $1,300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $650,000

Established: 2005

Thriving Restaurant Business Grossing $25K/Week

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Business Description

This is an excellent opportunity to take over an established popular local restaurant that is already turning a profit. The real estate is also available with the sale of the restaurant business for the buyer to really maximize their yearly earnings and enjoy a self sustainable lifestyle.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
10
Facilities:
Known as the Red Brick Tavern this 110+ seat restaurant is one of the busiest eateries in the area. Interior features a charming country decor with beamed ceilings and exposed brick walls. Full bar that seats about 20, and additional booths and high tables. Kitchen puts about 200+ dinners on Friday and Saturday night at any given time of the year. Property includes a large back lot that can accommodate 40+ cars and also backs up to the Town municipal parking with 250 more spaces. Other than the restaurant there is a fist floor (store), fist floor (1 bedroom apartment) and four apartments on the second floor also available with the real estate for $795,000.
Competition:
Thriving Turn-key Restaurant in the heart of Rosendale, located between New Paltz and Kingston. The busiest restaurant in the town for locals and tourist alike.
Growth & Expansion:
There is an adjacent store front that is currently being used as a pet food store that can be expanded into a catering room for private parties.
Financing:
No
Support & Training:
All employees would like to stay and seller is willing to stay on board for an agreed amount of time to ensure a smooth transition.
Reason for Selling:
Owner is Retiring
Business Website:
http://redbrickrosendale.com
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Contact the Seller

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Winton Morrison

Business Listed By:
Winton Morrison

Win Morrison Realty

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