Growing High Quality 4800 Sq Ft Restaurant With Liquor License
Business Description
Hs Listing ID-67959
Listing location: Albany County
Asking price: $299,000
Owner works one hour a week on marketing
Manger in place with 7 employees
Transferrable lease and landlord will renegotiate longer for new buyer
Full liquor license is transferable
Owner to provide 90 day support post close
Small amount of seller financing for qualified buyer
Seller highly motivated, wants to relocate.
Rent: $4750/month
All new restaurant equipment included in sale
Other business highlights:
4800 square footage in great location near multiple colleges with ample parking
Store is run absentee with seven employees and manager in place
$10,000 of inventory included in purchase
Owner has growing social media presence.
Order online with established GrubHub and Door Dash accounts
2 universities, 4 community colleges and Times Union Center all within 15 miles.
Food Truck Included in the sale.
2010 well maintained Ford F450 Diesel with 289,000 miles.
Projected Gross for 2025 $570,918
Projected Net for 2025 $211,648
Just signed a new tenant inside the building who nets him an additional $30K/year! That tenant will stay on post close should the new owner want that.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Listing location: Albany County
Asking price: $299,000
Owner works one hour a week on marketing
Manger in place with 7 employees
Transferrable lease and landlord will renegotiate longer for new buyer
Full liquor license is transferable
Owner to provide 90 day support post close
Small amount of seller financing for qualified buyer
Seller highly motivated, wants to relocate.
Rent: $4750/month
All new restaurant equipment included in sale
Other business highlights:
4800 square footage in great location near multiple colleges with ample parking
Store is run absentee with seven employees and manager in place
$10,000 of inventory included in purchase
Owner has growing social media presence.
Order online with established GrubHub and Door Dash accounts
2 universities, 4 community colleges and Times Union Center all within 15 miles.
Food Truck Included in the sale.
2010 well maintained Ford F450 Diesel with 289,000 miles.
Projected Gross for 2025 $570,918
Projected Net for 2025 $211,648
Just signed a new tenant inside the building who nets him an additional $30K/year! That tenant will stay on post close should the new owner want that.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,800
- Rent
- $4,750.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
- Financing Options
- Small amount of seller financing for qualified buyer
Listing Info
- ID
- 2428522
- Listing Views
- 105
Listing ID: 2428522 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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