Motel and Restaurant with Property Included!

New York

Asking Price:	$995,000
Gross Revenue:	$1,075,805
FF&E:	$150,000
Established Year:	1933

Cash Flow:	$164,324
Inventory:	$30,588
Real Estate:	$319,310

Listing ID: 2130977Listing provided by BizBuySell

BUSINESS DESCRIPTION

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!

DETAILED INFORMATION

Location

New York

Inventory

Included in asking price

Real Estate

Owned

Included in asking price

Building SF

18,355

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

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.

Competition

No competition in the immediate area.

Growth & Expansion

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.

Support & Training

Will train for 2 weeks @ $0 cost.

Reason for Selling

Owner is retiring after 40 successful years running the most popular Restaurant/

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