Motel And Restaurant With Property Included!

Not Disclosed, NY Not Disclosed

Upstate New York

Asking Price: $1,295,000

Annual Revenue: $1,054,956

Commercial Real Estate: Non-classifiable

◄ Back to Search Results

Motel and Restaurant with Property Included!

Request More Information Contact the Seller

RE: Motel And Restaurant With Property Included!
Contact: Daz Connell

Quick Facts

	Asking Price:	$1,295,000
	Annual Revenue:	$1,054,956
	Net Profit:	Not Disclosed
	Cash Flow:	$235,614
	Total Debt:	Not Disclosed
	FF&E:	453,133
	Real Estate:	$1,000,000
	Year Established:	1933
	Employees:	21
	BBN Listing #:	11584955
	Broker Reference #:	3402-16437

Email or Print Listing

Business Overview:

Fine Casual Dining Restaurant with a 25-room inn. Seats up to 200 guests. Location also has a banquet hall that is rented frequently. The restaurant boasts an extensive menu that is popular with both locals and tourists.

The rooms have all been remodeled over the years and have many amenities. This is a great opportunity to run your own Inn and restaurant in a beautiful idyllic community.

Also perfect for an experienced hospitality group looking for a turnkey operation. Reach out now for more information!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The real estate is included in the price goes with the business. Includes 1.27 acres of property with motel and restaurant/bar on a busy state road. Lots of visibility. Total square footage is 18,355 for the buildings. Assets = $1,482,633

Market Competition and Expansion:

No competition in the immediate area. An experienced hospitality group can expand the business further and take advantage of goodwill the business already has developed over the years. Great investment for Buyer who wants steady cash flow.

Reason for Selling:

Owner is retiring after 40 successful years.

Additional Details:

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

Relevant Links:

Request More Information

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!