North Street Restaurant & Bar Business For Sale in Old Forge, New York

North Street Restaurant & Bar

Asking Price:	$449,000	Inventory:
Gross Revenue:	Not Disclosed (comments below)	Real Estate:	$500,000 ++
Cash Flow:	Not Disclosed	FF&E:	$50,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: Closed but prior receipt over $500k

Property Description: Newly renovated Old Forge family restaurant for sale. This 10,000 square foot building offers seating for 400. Part of the building has been operated as dinner theater, banquet room or bowling alley. Large parking area, town water and sewer also add to the many amenities this turn key business has to offer. This corner lot has 180 ft frontage by 199' in depth on the main access route to the snowmobile trail system in the "Snowmobile Capital of the Northeast". Location Description: Located in Old Forge, NY in the Central Adirondack Mountains, a Four Season Resort Area. Convenient location to town, lakes, hiking trails, McCauley Mountain Ski Area, snowmobile trails and the Water Safari/Enchanted Forest Theme Park. This business for sale includes the real estate it occupies

About the Business

Year Established:1960

Facilities:Building Size: 13,000SF. Lot Size: 35,820SF

Market Outlook and Competition:Located in a four season mountain resort village in the west/central Adirondack Mountains. Stable resort area featuring lakes, hiking, boating, snowmobiling, skiing and great fall colors. Right on snowmobile trail access route.

About the Sale

Reason For Selling:Owner has foreclosed and is reselling property. May consider lease purchase.

Seller Financing:Yes, seller financing is available

KEYWORDS: Snowmobile capital. 4 Season Resort Lakes, Rivers and hiking

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Business Listed By
William Rivet \| Rivet Realty View All of My Listings


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