For Sale
$350,000

3748 Vestal Pkwy Vestal, NY 13850

Established eatery, high traffic area.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This turnkey Mediterranean restaurant, Basha's Lebanese Grill, presents a lucrative investment opportunity. Located at 3748 Vestal Parkway East in Vestal, New York, 13850, this Class B property boasts a prime location on a high-traffic artery, with an estimated 25,000 cars passing daily. The 2,000 square foot space comfortably seats 50 patrons and currently generates weekly sales averaging $11,000. The restaurant enjoys a strong reputation for its food and a loyal customer base, consistently delivering a net profit exceeding $150,000 annually. A five-year lease remains, expiring September 14, 2028, with a current all-inclusive monthly rent of $6,985. This established business is offered at $350,000 and is adaptable to various culinary concepts, making it an exceptional opportunity for a seasoned restaurateur or a new entrepreneur seeking a proven, profitable venture. The business is currently operating as a Lebanese restaurant, but its versatile layout and established clientele make it suitable for a wide range of food service operations. This is a single-tenancy property in Broome County.

Highlights

  • Established Lebanese restaurant on high-traffic Vestal thoroughfare.
  • High visibility location with 25,000+ vehicles passing daily.
  • Excellent reputation and strong customer base.
  • Generating average annual profit of $150,000.
  • Loyal clientele and adaptable to various restaurant concepts.

Property Details for 3748 Vestal Pkwy

Property type
Commercial real estate
Square Feet
2,000 SF
Class
B

Location Insight

City
Vestal
County
Broome
State
New York
Latitude
42.0958133
Longitude
-75.9805668

FAQs

What type of property is this?
Commercial real estate - Established eatery, high traffic area.
Where is the commercial real estate located?
The property is located at 3748 Vestal Pkwy Vestal, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Established Lebanese restaurant on high-traffic Vestal thoroughfare.; High visibility location with 25,000+ vehicles passing daily.; Excellent reputation and strong customer base.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3748 Vestal Pkwy
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