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Riverfront Restaurant for sale in Owego/Binghampton/Ithaca/Horsehead, New York
Riverfront Restaurant
Owego/Binghampton/Ithaca/Horsehead |
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Beautiful historic riverfront restaurant built in 1806 located on Route 17C in Owego, NY. Diners can enjoy the view of the serene Susquehanna River while eating whatever cuisine you decide to serve. Rich wood bar and tables replaced only two years ago. 120 seating capacity. In warm weather, forty additional seats can be placed on the deck, putting diners even closer to the water. The second floor has a 50 seat banquet area, an office with a view and a small room for private meetings or parties serving 8-10. This is the only independent sizeable restaurant in the area. Ample on-site parking. This is an opportunity that can be whatever you want to make of it. |
Listing Number: 781
[Broker Not Avail] - Listing Broker
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Telephone -
E-mail -
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Restaurants |
| Asking Price |
$215,000 |
| Gross Sales |
$0 |
| Cash Flow |
$0 |
| FFE |
$215,000 |
| Inventory |
$0 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
0 - Full-Time
0 - Part-Time |
| Facilities |
Two story building with basement. Tile floors. Stucko and stone on walls. Main floor has two pizza ovens, bar area, dining area and back area with more seating and deck. Upstairs has banquet room, office and small meeting room. Ample parking. Located on Susquehanna River on main street in Owego, NY. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Good opportunity for mid-priced Italian food or Greek diner. |
| Growth Notes |
Getting a liquor license would provide great revenue opportunities. Located near Lockheed which has over 4000 employees. New owner could market re-opening to these employees and draw in a new crowd. Advertising restaurant and banquet facilities would generate re-interest in the business. The owner is open to, under certain guidelines, allowing buyer to use his name, which is well-reknowned in the area, and that alone would generate many customers. |
| Support Training |
Open |
| Year Established |
1977 |
| Financing Terms |
Open |
| Reason for Selling |
Owner has another restaurant and cannot focus his attention on both businesses. |
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