For Sale
$499,000

$200K Earnings In The Catskills Ny Restaurant And Bar For Sale Windham, NY 12496

Profitable Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
131
This thriving Catskills restaurant and bar, located in Windham, NY (zip code 12496), presents a unique investment opportunity. Boasting 1,500 square feet of space, this established business generated nearly $1.4 million in annual sales in 2023, yielding over $200,000 in owner benefits. Currently operating six days a week for 36 hours (dinner service only), the significant potential for growth is undeniable. The menu offers a diverse selection, catering to a wide range of tastes, from fine dining to casual bites, complemented by a full bar. The restaurant comfortably seats approximately 90 patrons. The sale includes all equipment, furniture, and fixtures, such as a POS system, extensive kitchen appliances (including multiple ovens, fryers, and refrigerators), and ample seating (tables, chairs, and stools). A five-year lease is in place, expiring December 30, 2029, with a monthly rent of $8,000. The business is an independent concept, eliminating franchise fees. The seller is offering two weeks of training to ensure a smooth transition. This turnkey operation is an asset sale, and SBA financing is available for qualified buyers. The current owner is selling due to pursuing a new career. The restaurant's prime location in Windham, a town known for its blend of local and tourist traffic, contributes to its consistent success. This is a rare chance to acquire a profitable, established business with significant upside potential in a desirable location.

Highlights

  • Established restaurant and bar for sale in Windham, NY (12496).
  • Asking price: $499,000.
  • 2023 gross revenue: nearly $1.4 million; Seller Discretionary Earnings (SDE) over $200,000.
  • 1,500 square foot space, seating over 90 patrons.
  • Leasehold improvement asset sale; five-year lease at $8,000/month, expiring December 30, 2029.
  • Includes all equipment, furniture, fixtures, and POS system. SBA financing available.

Property Details for 0 $200K Earnings In The Catskills Ny Restaurant And Bar For Sale

Property type
Retail properties, Restaurants
Square Feet
1,500 SF
Year Built
2021

Location Insight

City
Windham
County
Greene
State
New York
Latitude
42.3315155
Longitude
-74.2414092
$200K Earnings In The Catskills Ny Restaurant And Bar For Sale, Windham, New York

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Prime Location
Where is the retail property located?
The property is located at $200K Earnings In The Catskills Ny Restaurant And Bar For Sale Windham, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Established restaurant and bar for sale in Windham, NY (12496).; Asking price: $499,000.; 2023 gross revenue: nearly $1.4 million; Seller Discretionary Earnings (SDE) over $200,000.
How can I contact the broker?
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0 $200K Earnings In The Catskills Ny Restaurant And Bar For Sale
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