Catering House/ Restaurant / Six Motel Units-Nice

Camden, NY
Oneida County

Location one of first building in town


Asking Price: Annual Revenue:
$150,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Catering House/ Restaurant / Six Motel Units-Nice Broker: Michael Kinney
License #: Call broker

Quick Facts

Asking Price: $150,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 8
BBN Listing #: 368440651
Broker Reference #: Icon 0013

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Business Overview:

Camden the start of North country winter is busy do to the snowmobile trails major one next to property . The owner even sell gas for the sleds great move to get them to stop eat /drink warm up . The restaurant has been redone nothing to do but to start making money . The seating for all of the rooms is about 300 people with a very workable kitchen . This is a turnkey operation all equipment, They also have 6 motel rooms very nice about 89.00 per night . The new owner needs to push that more . By only 50-60% occupancy would more then pay your RENT 1200.00 per month .This is 14000 square feet building. This. is the largest party house for miles , very strong local business with great bar sales. They have a new electric sign cost over $30,000 just talk about the motel rooms (the only motel rooms in Town).This is a quality operation that can and has made money.

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Property Features and Assets:

Full list will come some equipment owned by landlord and most by seller . This is a true turn key operation . Manger is very good and willing to stay on as most of all help .

Market Competition and Expansion:

Because of three space’s and some of the unique business party room 300 people , the six nice motel rooms , restaurant /bar / selling gas to the winter crowd . Winters bust time of year, beats the summer .The space is here Sunday breakfast buffet or brunch would pack the place.The area is ripe for all types ogf expansion, I look at thsings as a consultant first before I look at them asa Real Estate Broker . This location is easy double current sale

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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