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Motel And Restaurant With Property Included! For Sale

Not Disclosed, New York, US
Asking Price:
$1,295,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,054,956
Cash Flow:
$235,614

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!

Property Information

Real Estate:

Real Property Included

Premises Details:

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.

Business Operation

Expansion Potential:

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.

Competition / Market:

No competition in the immediate area.

Reasons for selling:

Owner is retiring after 40 successful years running the most popular Restaurant/Bar and Lodge in the area.

Trading hours:

Monday-Sunday 11am-11pm

Employees:
7 FT/14 PT
Years established:
90

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Furniture / Fixtures value:
$453,133 - included in the asking price
Inventory / Stock value:
$29,500 - included in the asking price