Business For Sale

Restaurant - Fully Equipped - NY/VT Border

Whitehall, NY
Washington County

Asking Price: Annual Revenue:
$199,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant - Fully Equipped - NY/VT Border Broker: Stephen Borgos, Licensed Assoc Brkr
License #: 30BO0039430

Quick Facts

Asking Price: $199,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NY
Year Established: 1965
Employees: Not Disclosed
BBN Listing #: 129415004
Broker Reference #: 209

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Business Overview:

This fully equipped restaurant was established in approximately 1965. It was purchased by the current owner in about 2012 and totally renovated. Sold in 2015, but did not work out and owner now MOTIVATED to sell again. 180 seats with full bar. Includes large 3 bedroom apartment for owner or for lease. Also space for small gift shop. Parking for over 50 cars and can accommodate buses. On major all year highway between Lake George, NY and Rutland/Burlington, VT. Local customers, but also MAJOR OPPORTUNITY to serve travelers. This is truly a once in a lifetime opportunity. Many possible uses for building and large parking lot - if buyer doesn't want to run the restaurant. May be purchased without restaurant equipment.

An outstanding buy!

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Property Features and Assets:

Building is over 6,000 square feet with large parking lot. Directly on Route 4. Municipal water and sewer.

Market Competition and Expansion:

This is the only full service restaurant in the community and has no direct competition.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • 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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