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Strong Customer Base Restaurant In Oneonta For Sale

Oneonta, New York, US
Asking Price:
$150,000 (USD) Furniture / Fixtures and Inventory / Stock included
Turnover:
$250K - $500K (USD)
Net Profit:
Not applicable

PURCHASE THRIVING Oneonta BUSINESS for only $150,000. This business is ready to hand over the reins of their successful downtown bar and restaurant. Strong CUSTOMER BASE, established trade relations, marketing, and operational structure. No real property involved, so much less typical start-up risk! Sellers rent location downtown but own ALL EQUIPMENT and FURNISHINGS. Every last one of these items are INCLUDED IN SALE: numerous high-end kitchen appliances, stoves, and fridges, all manner of dish-ware, glassware and cutlery, tables, barstools, ALL manner of décor, a professional stereo system and musical paraphernalia for the steady LIVE MUSIC and EVENTS the space is known for.

The sellers have put thousands of dollars into renovating the space into a superb and engaging atmosphere.
You can’t buy, this amount of stock and equipment, plus renovate a space and build such a robust operation for anything less than double the asking price!

Property Information

Real Estate:

Lease

Lease Terms:

3200 per month

Location:

Front side of building faces primary retail stretch of downtown Oneonta. Back entrance of leased space on lower portion of historic building faces the high trafficked river street and parking garage with mountain views. Both entrances attract tremendous amount of foot traffic from whit collar and blue collar and students from the two colleges in town.

Premises Details:

Leased space within historic downtown Oneonta building.

Size in square feet:
3000 sqft

Business Operation

Expansion Potential:

Could definitely increase events and marketing - most right now is word of mouth and loyal customer base. Almost no engagement with student body (by choice) which is leaving a could amount of income on table.

Competition / Market:

Several other restaurant and bars but JandDs has a unique pull and a quality and engaging atmosphere that sets it apart, Oneonta of the only other spaces that regularly hosts live music.

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