Description
50% OWNER FINANCING AVAILABLE FOR 12 MONTHS. Turn-Key Bar / Restaurant For Sale! In the heart of Dutchess County sits a living gold mine of a business. The business is priced for a QUICK AND EASY SALE. New owner will be profitable from day one. Cap rate 18%+. Long and well established business with long-term patrons. Single net lease with four years remaining with option to renew in five year increments. Workable, really great, easy-going landlord. Nearly fully renovated top to bottom in the last few years. Updates include new floors, new tile, new HVAC system, new split system for supplementary heating and cooling. New ceiling fans (and new ceiling!), new kitchen equipment, both bathrooms updated, new hot water tank, new walls. Owners have been relentless with preventative maintenance. The entire complex had a facelift two years ago and the landlord is planning even more upgrades to the building. Several other retail stores / anchors in the complex to draw in additional patrons. Landlord gave permission to add outside seating which will increase seating capacity by 25% or more. Call immediately for more information.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
50% OWNER FINANCING AVAILABLE FOR 12 MONTHS. Turn-Key Bar / Restaurant For Sale! In the heart of Dutchess County sits a living gold mine of a business. The business is priced for a QUICK AND EASY SALE. New owner will be profitable from day one. Cap rate 18%+. Long and well established business with long-term patrons. Single net lease with four years remaining with option to renew in five year increments. Workable, really great, easy-going landlord. Nearly fully renovated top to bottom in the last few years. Updates include new floors, new tile, new HVAC system, new split system for supplementary heating and cooling. New ceiling fans (and new ceiling!), new kitchen equipment, both bathrooms updated, new hot water tank, new walls. Owners have been relentless with preventative maintenance. The entire complex had a facelift two years ago and the landlord is planning even more upgrades to the building. Several other retail stores / anchors in the complex to draw in additional patrons. Landlord gave permission to add outside seating which will increase seating capacity by 25% or more. Call immediately for more information.
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