Voted #1 Restaurant in Sullivan County

Asking Price$560,000

Cash Flow
$181,881
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,027,645

Inventory$30,000
Included in asking price
FF&E$150,000
Included in asking price
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Voted #1 Restaurant in Sullivan County


Asking Price$560,000

Cash Flow
$181,881
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,027,645

Inventory$30,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
The Center of Sullivan County's Fine Dining Universe is HERE!!!

This restaurant was Voted #1 Dine-In Restaurant in Sullivan County.

The Wurtsboro Crossroads is thriving with food venues, antiques shoppes, services and is the Gateway to the Catskills.

The location is at the nexus of several routes across and up and down the Sullivan, Orange, Ulster and Eastern Pennsylvania corridors. That means this restaurant is known around a wide area, attracting patrons from Orange, Ulster and the Greater Wurtsboro area. The customers come from far and wide because it is simply worth the trip.

All the ingredients for success and future success are here. Contact us for any details.
About the Business
Years in Operation
10
Employees
15 (10 Full-time, 5 Part-time)
Trained Staff in Place - Can Transition Out or Retain As Needed
Facilities & Assets
Beautifully Designed and Appointed Bar & Dining Areas. Includes aL Fresco seating areas. All furnishings, coffee service, P O S kiosks, finishes, and miscellaneous equipment upgraded on a continual basis. Extensive beer and beverage tap system. Multiple Refrigerators, Freezers, coolers, and ample wine and liquor storage areas. Well organized dry storage with additional storage available as needed.
Market Outlook / Competition
The Southern Sullivan corridor at Wurtsboro's nexus is the crossroads for both east - west travel through the rural, exurban (not quite suburban) and cluster "Village" areas of Monticello, Rock Hill, Pine Bush, and even Middletown and the Town of Wallkill. These are fine dining starved areas that fill the restaurant for lunch and dinner consistently from Wednesday through Sunday. The workflow is constant and reliably busy.
Opportunities for Growth
The catering opportunities for both off-site and onsite are growing. It is not unheard of for 100 plus meals going off-site to feed weekend national guards deployed nearby, or large food orders going to hotel conferences nearby.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$3,500.00 per month
Lease Expiration
3/31/2029
About the Sale
Seller Motivation
The partners are growing their restaurants and food services in larger and large
Transition Support
New ownership can bring in new staff to be trained, retain current staff or some variety of new and current staff. Good people doing good work already in place. Current Chef trained by the successful trio who opened this location and are currently operating and opening several other locations.
Financing Options
Can Hold 50% Financing at 6% Amortized Over 10 Years on a 5 Year Note
Listing Info
ID
2433591
Listing Views
23
Business Location

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Business Listed by: Bob Donnelly

Listing ID: 2433591 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.