Restaurant with Country Store -motivated seller!

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Country General Store and Restaurant with or without Real Estate
Asking Price:
$495,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$325,000
included in asking price

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Business Description

Restaurant with Country Store for Sale with loyal customer base year round. No competition on the East Shore of the Lake. Store includes a Deli, groceries/beverages including beer. The store also carries lodge and cabin decorations, books, toys, fishing tackle etc. The restaurant seats 18 and currently serves breakfast and lunch. Sale includes all equipment and inventory. Additionally there are 2 apartments above the store that are currently occupied and generate $17,000+/year- 2 BR and 1 BR. Can be owner occupied if desired. The listed price includes the real estate/equipment/inventory and is NEGOTIABLE. Would consider just the business - call for particulars.
THIS IS A GREAT OPPORTUNITY to own and expand your very own restaurant and store in a beautiful location with beautiful SCHROON LAKE just down the road.
Owners are motivated to sell so can negotiate a good price!!

About the Business

Real Estate:
Owned
Building Sq. Ft.:
5,780
Facilities:
Fully functioning 18 seat restaurant serving breakfast and lunch. The store also has a full deli counter serving cold cuts, sandwiches, salads etc. There is a grocery area with beverage cooler, produce cooler and general grocery items. The remaining parts of the store sell home/lodging decor, toys, hiking poles, t-shirts, hats, swimming goggles, floats, etc. a true country store!!
Website:
adkgeneralstore.com
Market Outlook/
Competition:
We are the only store and Restaurant on the east shore of Schroon Lake. Nearest store is ~ 10 miles away.
Very strong seasonal market and steady market the rest of the year.
High demand for evening meals. Great opportunity for young chef to own their own business.
Growth & Expansion:
Since our ownership we have greatly expanded the offerings in the restaurant to include take out meals and take and bake options! The product lines that are sold at the store are very good money makers. . It has made an incredible difference in the quality and quantity of our sales.
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About the Sale

Reason For Selling:
Need to have more availability to aging parents who live 4 hours south.
Training/Support:
Owners can be available for a transition period. Willing to take a note with a substantial down payment.
Seller Financing:
Financing available with a substantial downpayment

Listing Info

ID:
1397790
Ad Detail Views:
863

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Business Listed by
Robert Diaz

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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Warren County, NY
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Source: American Community Survey (2010-2014), United States Census Bureau.

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