Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$450,000	Inventory	$4000*
Gross Income	$380,000	Real Estate	$400,000**
Cash Flow	$61,000	Year Established	1972
FF&E	90,000*	Employees	8

* included in the asking price

** not included in the asking price

Restaurant with Real Estate and Full Liquor Don't miss out on this excellent opportunity to own this outstanding property located in the beautiful Town of Lake Placid. The free standing building (approx. 3000 sq.ft.) sits on 1.7 acres of prime commercial real estate and is located across from one of the areas largest lakes. Property is also zoned for other commercial uses as well. This fully equipped restaurant has seating for 125 plus a bar area. It is open 5 days a week and is grossing around $400k. The sale includes a transferable 5COP liquor license. Obviously theme and menu can be changed. Building, land and business can be purchased at $450k. Please Call today and take advantage of this great investment opportunity. Outstanding local community! SELLER WILL CONSIDER FINANCING TO AN APPROVED BUYER.

Facilities: Free standing building within a very busy residential area. All equipment and building in good working order.

Competition: Limited marketing efforts with the exception of local advertising.

Growth/Expansion: Great free standing 3000 square foot building built on 1.7 acres. Located within highly populated residential area. Local year round population freqents the restaurant regularly. Property can be used for alternative sports bar, commercial property or multi family housing if Real Estate purchased.

Financing: Seller may consider financing with approved buyer.

Support/Training: Two weeks.

Reason Selling: Relocation