Lake George restaurant, Tavern with parking

Asking Price$3,995,000

Cash Flow
$550,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,270,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,000,000
Included in asking price
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Lake George restaurant, Tavern with parking


Asking Price$3,995,000

Cash Flow
$550,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,270,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,000,000
Included in asking price

Seller Financing Available
Business Description
Duffys
Turn key well established restaurant , tavern over looking beautiful Lake George. This year round establishment has been operated by one family for over 40 years. Two level building. Each floor 5,000 sq ft. Located right in the heart of Lake George village. Fully equipped. The NOI on tax return totally supports the asking price. Management in place if required. Parking area attached to property, with additional first floor small retail space, and office.
About the Business
Years in Operation
48
Employees
30
Currently Home Based
Yes
Facilities & Assets
All restaurant and kitchen equipment
Market Outlook / Competition
Very good condition
Opportunities for Growth
Expand menu, but we believe DON'T CHANGE A THING. THIS BUSINESS IN A POWER HOUSE.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
10,000
About the Sale
Seller Motivation
Retiring
Transition Support
Management in place, and will stay on.
Financing Options
$2,000,000 down. Seller will hold the balance of purchase price, at reasonable rate
Listing Info
ID
2378961
Listing Views
736
Business Location

Contact Seller

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