Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Three Marina Restaurants Overlook Stunning Lake For Sale

New York
Asking Price:
$9,850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,377,042
Cash Flow:
$405,000

Love the waterfront? Now you can own it! Located near the Adirondack region of New York, just a few hours from Boston and NYC, this all-inclusive listing includes three full service restaurants each featuring patio dining, full bars and nearly 200 dock slips total. They serve lunch, dinner, and adult beverages to individuals and groups alike. The company specializes in casual waterfront dining, delicious American and Italian style cuisine, and caters special events on and off site. All three facilities and surrounding lands are included in the asking price. Each on a separate side of the lake, they include marinas with courtesy boat docking for patrons. This year-round revenue producer features an on-site residence allowing additional rental income or extra perks for management. There’s virtually no competition in the immediate area as no new commercial lots are allowed. With approximately 10 acres of land total, there is an excellent expansion opportunity here. Whether you’re looking for laid back lifestyle or an adventure with nature, this listing offers big city business with small town atmosphere and pristine views.

Well known as a four season destination, recreational activities include cross country skiing, hiking, biking, kayaking, camping, swimming and fishing. There are many events and festivals happening all year around, bringing thousands of visitors. The management teams are familiar with the returning patrons that arrive seasonally. The owners are approaching retirement but are willing to stay on in any role to accommodate a smooth transitioning. All financial figures represented are collective approximations for the three entities. For full details, contact IAG offices today!

Property information

Real Estate:

Real Property Included

Premises Details:

The three lake front facilities are each on separate sides of the lake. The first restaurant is 3,500 square feet, the second is 4,576 square feet, and the third, is 6,400 square feet. Each have their own unique twist while keeping the outdoor seating, dockside valet and full bars. Pictures are worth a thousand words, inquire for full details. The property is included in the asking price.

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Hours: 7 Days, 11:30 to close

Employees:
1
Years established:
1977

Other Information

Support & training:

Key employees will most likely stay on after the sale while the owners will be available as need for an extended transitioning. The hourly employees very by season for each location. Per location, a slow season may have as few as 10 hourly employees, while the busy season could see 35-70.

Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$675,000 - included in the asking price
Inventory / Stock value:
$40,000 - included in the asking price

Contact Broker

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here