Turnkey Restaurant! 5 minutes from the Falls, Malls & Casino

Niagara Falls, NY (Niagara County)

Turnkey Restaurant! 5 minutes from the Falls, Malls & Casino
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Asking Price: $399,000

Cash Flow: $100,000

Gross Revenue: $364,000

EBITDA: $399,000

FF&E: N/A

Inventory: $350,000

Real Estate: $400,000

Established: 1969

Turnkey Restaurant! 5 minutes from the Falls, Malls & Casino

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Business Description

Great opportunity!! Well established,Turn Key Restaurant /Bar and Banquet room. Close to all Falls attractions and Casino! Internationally known for its highly rated food and service with 5 star ratings on Tripadvisor and Yelp. Ranked #3 of 226 restaurants ion the Falls. Bakery Lounge seats 76 in Dining rooms,Bar area seats 48 and Banquet Hall seats 100!! All equipment ,fixtures and decor included. 2nd floor apartment has 3 bedrooms, 1 bath and H.W. .floors. Building has updated roof and 4 zone heating, central air, basement and walk up attic for additional storage. 2 car garage and beautiful rear patio. Included is Parking lot across the street.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,600
Employees:
3
Facilities:
Real estate and equipment is all included. A full inventory list can be emailed.
Competition:
5 Minutes from Niagara Falls World Destination 5 Minutes from the Niagara Casino 5 Minutes from Niagara Factory Outlet Malls #3 on TripAdvisor- ranked out of 226 restaurants
Growth & Expansion:
Promote More : Catering, Special Events, 3rd Party Delivery Integration Tools (currently not using Skip The Dishes, GrubHub, UBER Eats.
Support & Training:
Owner willing to help transition and stay on board
Reason for Selling:
Owner is retiring.
Business Website:
http://www.bakeryrestaurantandlounge.com/
Contact Seller

Contact the Seller

(from currently available funds)
 
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Sean Macaluso

Business Listed By:
Sean Macaluso

S.MACALUSO BROKERS

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