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Businesses For Sale > Business For Sale in New York (NY)
Motel and Restaurant with Property Included! for sale in NY
New York (NY)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,295,000 |
$ 1,054,956 |
$ 235,614 |
Furniture and Fixtures Value:
$ 453,133 (included in the asking price)
Inventory Value:
$ 29,500 (included in the asking price)
Real Estate:
$ 1,000,000 (included in the asking price)
Business Summary:
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!
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| Year
Business was Established: 1933 |
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| Number of Employees:
7 FT/14 PT |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
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. |
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| Competition:
No competition in the immediate area. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Owner is retiring after 40 successful years running the most popular Restaurant/Bar and Lodge in the area. |
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Seller Reference Number: 3402-16437
BusinessMart.com Listing Number: 301206 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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