Lakeside Restaurant with Scenic Views

Not Disclosed, NY
Cayuga County

Asking Price: Annual Revenue:
$150,000 $585,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Lakeside Restaurant with Scenic Views Broker: Kevin Everts

Quick Facts

Asking Price: $150,000
Annual Revenue: $585,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 15762697
Broker Reference #: 11421-719715

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Business Overview:

Lakeside Restaurant with Scenic Views - July Sales $133K!

Lakeside restaurant and bar with both the views and the dock space to park. Whether it be hungry boaters, kayakers, anglers, bikers, or summer residents, this restaurant can serve the masses great food and a good time. A strong following for themed events, comedians, and holiday and family gatherings.

The restaurant started out in robust fashion in late 2018, generating nearly $90K in revenue during September of that year. It continued to perform well with revenue in 2019 hitting $870K.

Today, after beating the Covid crash, both food and labor ratios are comfortably under 40% and are watched carefully on a weekly basis. A full staff, absent Covid restrictions, and loyal customer base have the restaurant on track to realize profits this season like never before. Interest in wedding events is becoming ever more present, boding well for a productive Fall season.

Interested Buyers should call Kevin at Transworld Business Advisors today at 315-962-9200.

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Reason for Selling:

Exiting Restaurant Business.

Additional Details:

  • The property is leased.
  • The owner is not 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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