Retail•Restaurant•For Sale

Successful Restaurant Availalable

3734 State Route 13, Pulaski, New York 13142

Sale Price $900,000
Sale Type Business for Sale
Zoning C-2
Bldg Type Single Tenant
Class B
Year Built 1990
Year Renovated 2007
Stories 1
Vacancy 100%
Gross Bldg 5,372 SqFt
RBA 5,600 SqFt
Land Area 1.24 Acres
Ceiling Height 10.0 Ft
Turn-key Restaurant Opportunity, (Ponderosa) in a highly visible location directly across from Interstate 81 access point. Owner is retiring after a very successful 29 years in business with Sales in 2018 of $1.7M plus. The Restaurant is 5,372+/- SF building, fully equipped and situated on a 1.24+/- acre parcel with two additional out Buildings for Storage. Seats 172. (Financials available with NDA). Note: This property is located in an Opportunity Zone where the Buyer has option to defer taxes on a Capital gain when purchasing properties in an Opportunity Zone. The Ponderosa Restaurant chain is a part of Homestyle Dining, LLC based in Plano, Texas. Its menu includes steaks, seafood, and chicken entrées, along with their popular buffet. A lunch menu is also served. Business and Property for Sale or Lease. The Seller is flexible on terms and is motivated to make a deal. 4,845+/- SF building currently operating as a Ponderosa Steakhouse. For sale with or without the business. Business For Sale Property For Sale or For Lease Seller is flexible on terms. Ponderosa Steakhouse is a chain of buffet/steakhouse restaurants that is a part of Homestyle Dining, LLC based in Plano, Texas. Its menu includes steaks, seafood, and chicken entrées, all of which come with their buffet for a nominal charge. A lunch menu is also served. Located on Route 13 a major retail corridor in Pulaski, NY. This Restaurant is highly visible and directly across the Entrance & Exit to Interstate 81. Commerce in Pulaski revolves heavily around it's year-round tourism and fishing due to its location on the Salmon River and Lake Ontario Shoreline which is only 3 miles to the West. This area is a major draw for World Class Sport fishing, Winter Sports and the Lake Ontario shoreline. The Shoreline brings Thousands of Campers, cottage owners, RV's and snowmobiles in the winter. The restaurant is close to Brennan's Beach a very popular RV park averaging over 5,000 weekly visitors. In the fall the area has a Salmon River Festival bringing in large numbers of Tourists and Fisherman to the area. In the Winter months Pulaski is well known for it's extensive snowmobile trail system. Pulaski is the primary hub in Upsate NY connecting with trail systems throughout the Central and northern New York region. ATV trails as well as cross country skiing are well known and linked to this area. The Restaurant is also the half way point to the Canadian Border and Fort Drum Army Base with 13,000 troops. Pulaski is often the stopping point for travelers year round for Food and fuel being only 60 miles from the border and Army base.
  • 2018 Sales: $1.7 Million Plus
  • Turn-Key Restaurant Opportunity / Retiring Owner
  • Located in an Opportunity Zone, (Defers Taxes on Capital Gain).
  • Ponderosa Steakhouse Franchise
  • Well Established and Highly Successful - 29 Years in Business
  • Seats 172
  • Highly Visible on Primary Retail Corridor in Pulaski, NY
  • Directly Off Of Route 81 Exit 36
  • 5,372+/- SF Fully Equipped Well Maintained Building
  • Two Storage Buildings
  • Walk-In Cooler & Freezer
  • 1.24+/- Acre Parcel
11/6/2019 10:26:45 PM 1/24/2020 12:32:50 AM
Tom Lischak
Broker
Bridgeway Commercial Realty, LLC
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