511 Fry-Days Restaurant & Lounge

| 21,202

The owner is selling this long running established turn key business.

This business was purchased in 2012 by the current owners and is the only fine dining room in the area

This restaurant and lounge is located on highway 7 with good exposure and frontage of approximately 309′ and a depth of 275′ total of 84,975 sq ft or 1.95 acres. There is a paved parking lot in front of the building and the remainder is gravel, capacity for over 30 cars. Fully serviced has it own well, and town sewer. Foundation is concrete beam on footings.

Restaurant is approximately 3,016 sq ft built in 1976 with bar being added in 2001 and is approximately 2,365 sq ft with a total sq footage of approximately 5,381 sq ft.

Restaurant seats 88 and is fully renovated in 2013 -2014 with private dinning room, or over flow room which seats 30 patrons. It has newer ATM machine and newer POS system

Lounge seats 82 with a 39 seat outdoor patio. It also has 5 VLT machine.

The lounge & private dining room were remodelled in 2018 including new carpet/flooring throughout, fresh paint, chairs, and lighting.

The lighting in the entire building has been upgrade to LED lighting including kitchen and other back of house areas

Trading hours are Restaurant Mon – Friday 11:00 AM – 8 PM Sat & Sun 8:00 AM – 8:PM

Lounge Monday – Thursday 11:00 AM – 10:00 PM,

Friday and Sat 11:00 AM – 11:00 PM Sun 12:00 – 5:00 pm

Owners are willing to stay and train the purchasers for a few weeks after possession date to provide smooth transition. Most of current staff will stay with the new purchaser.

The current owners don’t spend a great deal of time on day to day operations.

Asking Price of $589,000.