Country Restaurant with 7 Commercial Rentals on 8.5 acres

Port Jervis, NY (Orange County)

Country Restaurant with 7 Commercial Rentals on 8.5 acres

Asking Price:$3,299,000

Cash Flow:$230,000

Gross Revenue:$1,991,832

EBITDA:N/A

FF&E:$600,000

Inventory:N/A

Real Estate:N/A

Established:1966

Country Restaurant with 7 Commercial Rentals on 8.5 acres

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Business Description

Established over 50-years

There is major highway visibility for the 6 buildings with 7 separate rentals & a restaurant, all with plenty of parking. Established over 50-years, serving the Tri-state area of NY, PA, and NJ. Nestled in a quaint town in the Pocono Mountains. Enjoy the recently renovated modern pub with full liquor license or 1 of the 5 dining areas for your breakfast, lunch and dinner preference. The specialty shops are an added attraction for both tourists and local customers. Enjoy the ambiance of ponds and waterfalls with manicured gardens for all to relax by. 60% tourist trade and 40% local trade.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,700 sq ft restaurant & bar, 6 additional commercial rentals, 8.5 acres
Competition:
Highway visiblity.
Reason for Selling:
The owner wants more time for family & travel

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Michael Capuano

Business Listed By:
Michael Capuano

Millennium Realty Inc

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