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Businesses For Sale:
Private Listings
Industry: Restaurant |
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Full Service Restaurant for Syracuse Univ Area |
Location:
Listing#: 9022
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| Details
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Industy: Restaurant
Listed Price: $695,000
Down Payment: $139,000
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| Lease
Information |
Square
Feet: 3420
Monthly
Rent: $2,880
Expiration Date: 6/30/2010
Deposit: $2,880
Renewal Options: Transfer of current property lease consisting of an overall 15 year term lease. |
Included
in Purchase Price:
(seller's estimated value) |
Fixtures
and Equipment: $100,000
Inventory: $20,000 |
| General
Information: |
Year
Established: 1964
Seller Owned Since: 1964
Employees: 4 FT, 4 PT , 2 Mgrs
Hours Open: Business is generally opened
8 – 12AM, 4 days per week and 9-2
AM, 3 days per week.
Training: 52 week
Type: Partnership
Owner's Duties: Manage and Market the restaurant
Non-Compete: 40 miles for 5 years The
sellers will certify that all governmental
environmental issues are being satisfactorily
addressed and are willing to negotiate a
Hold Harmless Agreement for the new owners.
ASDE: $214,819 |
| Business
Description: |
1) Business is casual dining in a renowned
University setting offering a full Breakfast,
Lunch and Dinner menu with the broadest
offerings on campus.
2) Business is generally
opened 8 – 12AM, 4 days per week
and 9-2 AM, 3 days per week.
3) Rights
to License renowned Pizza Recipe.
4) Superb
and respected delivery business.
5) Lease
is for 5 years (3years remaining) with
2 5 year extensions and assumable.
6) Lease provides for the offering of Beer
and Wine.
7) Lease property consists of
first floor prime space of 1,620 Square
Feet and a basement/preparation/storage
space of approximately 1,800 Square Feet
for a total available space of 3,420
Square Feet.
Business has its own WEB
site and also utilizes a College ordering
site and receives over 1,000 orders per
week, with an estimated 5,000 WEB site
hits between the 2 sites |
| Contact
me about this business: |
Office
Manager
Amazing Business Broker
Telephone: (315) 963-4516
amazing@logical.net
This information contained herein is provided by Seller and has not been audited, verified, or investigated by Broker or Agent. Listing Broker is agent for Seller. Buyer is advised to fully investigate and verify all representations regarding subject business/property and to consult their attorney and/or accountant. This offering is subject to prior sale. |
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