Restaurant with Real Estate – Lake George - Business for Sale
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Italian Restaurant with Real Estate in Lake George, NY
Lake George, NY, US
Added 26 days ago
Restaurant with Real Estate
Retiring Owner
An Italian restaurant with a 70-year history and included real estate is offered for sale in Lake George, NY, featuring a main dining room, terrace, bar, and a three-bedroom owner's apartment above the premises.
Key Information
Asking
$1.7M
Revenue
$1.2M
Earnings
$262K
Multiple
6.5x
Key Highlights
- Annual sales are $1,200,000 in 2024
- Restaurant has a 160-person seating capacity
- Freestanding 5,630 sq. ft. building on a 0.41-acre lot with 21 dedicated parking spots
- Includes a second-floor three-bedroom owner's apartment and office
- Full liquor license is included
- Business has a 70-year history of continuous family ownership
Contact Info
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