Description
In Wappingers, on a high traffic corner on a Route 9, there is a well-established restaurant for sale. Excellent location with main road visibility on 1.3 acres! Before covid, the business' total revenue was around $1.8M with some weeks yielding upwards of $50,000. After covid, total revenue still exceeds $1,000,000 annum. Recent improvements include new plumbing and power-washed exterior. Furniture and fixtures and inventory all included, valued around $700,000. This location used to be Pizza Hut before the current business took over. Seating for 135 with maximum capacity of 165 persons. Total parking spaces is 75. Long term 20-year lease in place with option to renew or terminate and begin brand new long term lease.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
In Wappingers, on a high traffic corner on a Route 9, there is a well-established restaurant for sale. Excellent location with main road visibility on 1.3 acres! Before covid, the business' total revenue was around $1.8M with some weeks yielding upwards of $50,000. After covid, total revenue still exceeds $1,000,000 annum. Recent improvements include new plumbing and power-washed exterior. Furniture and fixtures and inventory all included, valued around $700,000. This location used to be Pizza Hut before the current business took over. Seating for 135 with maximum capacity of 165 persons. Total parking spaces is 75. Long term 20-year lease in place with option to renew or terminate and begin brand new long term lease.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated: 2023-03-24T15:18:08.13.