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Business For Sale
ADIRONDACK GUEST RANCH - RIVER FRONTAGE
Attn:
Stephen Borgos - Associate Broker
Not Disclosed, NY, USA
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Listing Number: "645"
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Listing
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Asking Price: |
$5,995,000
USD USA Dollars
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Business for Sale Industry: |
Recreation: Outdoor
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Reason for Selling:
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Retirement |
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Year Established:
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1940's |
Business for Sale Overview:
Established Adirondack Guest Ranch, over 3/4 mile River Frontage - trout fishing, over 80 motel/cabin units, approximately 500 acres, golf course, miles of trails, sale includes 40 horses. Kitchen and dining facility for over 200 guests. Lake George area. May be continued as current operation, Or may have a new life as a conference center, college recreation area, environmental center, camp, thoroughbred farm. Perfect as home base for a country music entertainer. Almost limitless opportunities.
Property Features and Assets:
Includes golf course and golf carts, beach, horses, large barn, equipment, tools, furniture, fixtures, full kitchen and dining, an indoor swimming pool and two outdoor pools. Currently operates all year.
Market Competition and Expansion:
The Adirondack Mountains, including the Lake George area, continue to experience steady traffic for visitors from around the world. The property is located just 3.5 hours from New York City, 4.5 hours from Boston, and just over 2 hours from Montreal. Canadian traffic has increased greatly since the Canadian dollar has increased in value.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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