| 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

Glenn Haddad
954-761-4045
VR Business Brokers/Global Business Investments
To inquire about this business for sale, click the Reply button below


The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

