This is a unique opportunity to purchase an established, year-round business with tremendous growth potential in Clayton, New York, part of the Thousand Islands region. After meticulously renovating the former Lyric Theatre, built in 1914, the Lyric Coffee House opened in July 2006. Within two years, demand for the coffee house’s baked goods and java enabled the business to evolve into the Lyric Bistro, with a full liquor license, serving lunches and dinners, offering pre-theatre menus, and a venue for business meetings, special events, rehearsal dinners and intimate wedding receptions.
The main floor has seating for up to 40 diners with two sets of French doors opening to the outdoor patio, which seats 12 people. In addition the dining room includes balcony seating with a street view for 24 patrons; a three-sided propane fireplace with cozy seating; space for live entertainment; and two handicap-accessible bathrooms. A 2008 expansion added a fully equipped commercial kitchen, with 3 reach in refrigerators and 3 reach in freezers, a salad/soup station and a service bar.
The Lyric Bistro is situated in the heart of downtown Clayton, New York, within walking distance of local shops, businesses, and tourist attractions, and is only a short block away from the majestic St. Lawrence River. The Town of Clayton was recently named one of the “Best Small Towns in America” by Coastal Living magazine and one of “America's Coolest Small Towns” by Budget Travel magazine. A 140-room, high-end destination hotel proposed to open in 2014 and ongoing area business growth ensure the continued success of the Lyric Bistro.
Since its inception, the Lyric has maintained a successful year-round business through the support of established “regulars”; a seasonal population of more than 23,000; and the nearly half-a-million tourists who visit the Thousand Islands area each year. The future growth possibilities for the Lyric Bistro are endless. It could easily evolve into a tasting room for a winery, tapas bistro, or a jazz/dinner club. There is also a demand for seated breakfasts and catering.
List Price: $$$$
Location: Clayton, New York
Annual Revenue: Available Upon Request
Annual Adjusted Net Income: Available Upon Request
FF&E: $$$$
Inventory: $$$$
Real Estate: Included. Valued at $$$$ (Option to Lease)
Square Feet: 2,200Maximum Seating Capacity: 76
For Sale By Owner
Contact
The Lyric Coffee House & Bistro
“Meet me at The Lyric”
Kathy Danielson, Owner
www.lyriccoffeehouse.com
246 James Street
Clayton, NY 13624
(315) 778 – 6123
This is For Sale By Owner. Paramount Restaurant Brokers, Inc. is not the broker.
Population | 5-mi |
---|---|
2014 Total Population | 5,908 |
Households | 5-mi |
2010 Number Of Households | 1,939 |
2010 Persons Per Household | 2.39 |
Median House Value | $162,500 |
Income Per Household | $53,077 |
Businesses | 5-mi |
2009 Number Of Businesses | 182 |
2012 Number Of Employees | 2,036 |
2012 Total Annual Payroll | $44,260,000 |
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.