Motor Inn / Restaurant / Lounge
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $265000
Net Profit / Cash Flow $115000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1954
Number of Employees 6 - 9
Inventory 550000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Owner agrees to stay on through a reasonable transition period, or even longer as an employee. Negotiable.
Reason for Sale Retirement, family health issues.
Description This business is surrounded by mountains giving you breathtaking views wherever you look. The restaurant is a classic Adirondack restaurant, with rough-hewn wood, fireplaces, cocktail lounge, candlelit dinners and seasonal outdoor dining on the large deck. It is the place where the locals gather for dinner as well as an inviting retreat for the traveler. A separate dining room also allows for banquets, rehearsal dinners, baby showers, etc. The inn has 11 units where the visitor can drive right up to their door. The units feature two double beds in each room, color cable TV, in room thermostats and telephones. The full size private baths are also a welcome pleasure for the guest. The business offers a Golf Package to their guests which gives them the opportunity of choosing from 4 championship courses, which is all inclusive with lodging, unlimited golf, breakfast, dinner, tax and gratuities. This is such a fantastic deal that most of the groups will reserve their rooms for the following year before they even leave. If you are not a golfer you have many other choices including hiking, boating, fishing, biking or swimming. You are surrounded by the Olympic venues which also draw many vacationers and attractions that are geared towards adults and children alike. Autumn attracts ''leaf peepers'' due to the beauty of the area and in Winter the visitors travel here and enjoy X-country skiing, downhill skiing, ice climbing and again many Olympic races/contests and Ice Shows. This listing has many attributes and is a great opportunity to be a part of a community and enjoy the beautiful setting and all that the area has to offer in your leisure time. Contact now for more information on this Motor Inn / Restaurant / Lounge for sale.
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