Historic Restaurant w 12 Studio Apartments Above | Diversified Income - Business for Sale
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Bar and Grill with 12 Studio Apartments in Cortland County, NY
NY, US
Added 1 month ago
Restaurant with Residential Apartments
182 years in business
Absentee / Semi-Absentee
A bar and grill restaurant with 12 fully occupied studio apartments above is offered for sale in Cortland County, NY, including an option to purchase the real estate.
Key Information
Asking
$250K
Revenue
$900K
Earnings
$100K
Multiple
2.5x
Key Highlights
- Business established in 1844 (182 years in operation as of listed date)
- Includes a restaurant with 12 studio apartments above, all 100% occupied
- Net operating income (NOI) for real estate is $166,000 with purchase option at $1,675,000
- Located in Cortland County, NY
Contact Info
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