Restaurant with Real Estate – Lake George - Business for Sale
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Italian Restaurant with Real Estate in Lake George, NY
New York, NY, US
Added 1 year ago
Restaurant with Real Estate
70 years in business
Retiring Owner
This is a 70-year-old Italian restaurant with real estate, including a 160-seat dining facility and owner's apartment, located in Lake George, New York.
Key Information
Asking
$1.7M
Revenue
$1.2M
Earnings
$262K
Multiple
6.5x
Key Highlights
- Annual sales are $1,200,000 in 2024.
- Business has been in continuous operation for 70 years under family ownership.
- Freestanding Italian restaurant on a .41-acre lot with a 5,630 sq.ft. building and 17,859 sq.ft. total area.
- Seating capacity is 160 persons; parking includes 21 dedicated spots.
- Includes a second-floor three-bedroom owner's apartment and office.
Contact Info
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