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Accommodation & Food Services

Established Finger Lakes Restaurant And Real Estate

Canandaigua, NY, USA
Listed 59 days ago
Established 2019

Rare opportunity to acquire an established restaurant and bar together with the underlying real estate in the highly desirable Canandaigua Lake/Finger Lakes market. Eastside Pub & Grill is situated on three parcels totaling approximately 0.59 acres and features an approximately 2,400 SF restaurant, indoor dining and bar area, extensive outdoor seating, covered pavilion, entertainment stage, and ample parking. The property benefits from its location near Canandaigua Lake and the strong tourism, recreation, and residential activity throughout the Finger Lakes region. The restaurant is currently operated primarily as a seasonal business, creating significant upside for a new owner. The facility is capable of being operated year-round, providing an immediate opportunity to expand the operating calendar, increase hours and build additional revenue without having to start from scratch. There are numerous additional growth opportunities, including live music and entertainment, private parties and events, catering, expanded outdoor dining, increased marketing and social media, and partnerships with area wineries, breweries, resorts and other Finger Lakes destinations. The restaurant offers a full commercial kitchen, bar, indoor and outdoor dining areas and updated mechanical systems. Much of the facility, equipment and furniture was replaced as part of a substantial rebuild, making this a highly attractive turnkey opportunity for an owner-operator, experienced restaurant group, or entrepreneur looking to bring a new concept to the location. The combination of an established operation, valuable real estate, strong Finger Lakes location, and significant untapped year-round revenue potential makes this an opportunity that would be extremely difficult to duplicate from the ground up. Financials available upon signing an NDA.

Location

Canandaigua, NY

Real Estate

Real Property Included

Management Type

This business is owner operated.

Support & Training

The current owner will do everything necessary to ensure a smooth transition of ownership.

Financials

Asking Price
$599K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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