"Old Mill" Rustic Adirondack Restaurant

| Asking Price: | $1,450,000 | Inventory: | $15,000 ** |
| Gross Revenue: | $803,000 | Real Estate: | $800,000 ++ |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: financials available to buyer | |||
Casual dining restaurant overlooking the Moose River in the heart of Old Forge, NY. With seating for 186 patrons, this 4 season resort restaurant features a "Timber Peg" bar/ lounge and deck overlooking the river. Known for it's large portions of everything from salad to steak and fine food you can expect to wait during peak seasons. Includes adjacent 2 BR home.
About the Business
Year Established:1959
Employees:7 full time - 3 part time
Market Outlook and Competition:Located in a four season resort are in the Central Adirondack Mountains in Upstate NY featuring lakes, fishing, boating, swimming, hiking, hunting, skiing and snowmobiling. Stable economic area within 5 hr drive of 3,000,000 people. Top grossing restaurant in area.
About the Sale
Management Training and Support:Owners will provide training and support.
Reason For Selling:Retirement
Seller Financing:Possible with $500,000. down-payment
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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