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Property profile & analytics
OFF-MARKET
Turn key restaurants

13334 State Rte 38 Richford, NY 13835-1502

1,280 SF 1.18 ac lot Built 1970
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-3760427
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire the beloved Red Rooster Diner, a thriving, locally-owned restaurant in Richford, NY. Situated on a 1.18-acre lot at 13334 State Route 38, this 1,280 square foot establishment boasts a prime location near the intersection of Routes 38 and 79, benefiting from approximately 3,500 daily vehicles passing by. The diner's welcoming atmosphere and home-cooked meals have made it a community cornerstone since 2018, offering both dine-in and carry-out services with a seating capacity for 56 guests. Ample parking is available, accommodating 40+ vehicles. The sale includes the building, the established business, and a comprehensive inventory of recently upgraded commercial appliances and equipment, representing a significant investment already made. This turnkey operation is ready for a new owner to continue its successful legacy or implement fresh ideas. The substantial road frontage and high traffic count provide excellent visibility and accessibility, ensuring continued success for years to come. This is a rare chance to own a profitable business with a strong community presence and significant potential for growth. The asking price is $150,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 1,280 SF
Lot 1.18 ac (51,401 SF)
Zoning code ZONE
APN 493200 11.14-1-20
UPID US63-3760427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Allan J Banfield · 1 yrs held
Allan J Banfield
since 2025
Last sale
$118,000
6 recorded transactions
2025
$118,000
2021
Price N/A
2018
$135,000
2015
$40,000
2006
$85,000
2005
$455,000
Zoning & alternative use
ZONE · Richford, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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