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Business For Sale
TOTALLY RENOVATED RESTAURANT NEAR LAKE GEORGE, NY
Attn:
Steve Borgos, Associate Broker
Lake George - Fort Ann, NY, USA
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Listing Number: "4"
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Listing
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Asking Price: |
$369,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Family obligations |
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Year Established:
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1960 |
Business for Sale Overview:
PRICE REDUCED!!! MOTIVATED SELLER!! This property, near Lake George, and on the main road to Vermont from the Adirondack Northway [I-87], has been Totally Renovated! Not Just Remodeled! New insulation and interior walls, New hardwood and tile floors, New wiring, New furniture and fixtures, New accessibility ramp and New deck. New bar, New kitchen equipment, New air conditioning and heating. Originally built in 1840, the business had a major addition in the 1960's. Now it is ready for another 50 years of activity. Large on-site parking lot for at least 30 vehicles. Current owners can't care for young children and work other full time jobs! A Rare Opportunity! Entire top floor is owner's apartment -Totally Renovated! Perfect for a restaurant catering to travelers. Breakfast, lunch, diner. Build repeat business.
Property Features and Assets:
The business is on a corner lot and borders a large stream. The speed limit on this short stretch of highway through a small village is low enough to allow customers time to see the property and react to the desire to eat! Long road frontage. Room for coffee shop and/or gift shop in parking lot level basement. If you want your own restaurant, this is it. Approximately 100 indoor seats. Price shown is Newly Reduced. Quick Closing Requested. Some Owner Financing Possible!
Market Competition and Expansion:
This is a High Traffic, All Year road! Markets include college students, business travelers, senior citizens, skiers, outdoor recreation enthusiasts, hunters, fishermen, athletic teams, local residents.
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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