Waterfront Restaurant And Hotel
- Listing Id: 4531
- Broker Name: Michael Kinney
- Category: Hotels and Motels
- Asking Price: $950,000.00
- EBITDA: $200,000.00
- Real Estate: $535,000.00
- Cash Flow: $100,000.00
- Inventory: $30,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $425,000.00
- FF&E: $350,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Fair Haven 13064
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
A 100 year hotel. Property is totally remodeled with six remodeled rooms all with private baths, cable TV, all new "Sleep Number" beds. Totally remodeled restaurant, bar(spent over 350K ) and did the work themselves , great new chef's dream kitchen. Parking on-site and across the road on property owned by seller. Third floor is private living quarters overlooking Sodus Bay. The Great Lakes are access to almost any water sport in the world. Many more photos to share.This is a perfect business for a buyer that wants the best that Upstate New York has to offer in summers on a waterfront, and be able to live south in Winter. . I urge you to contact me, as I am unable to convey what this location really has to offer. We due have a video operation is set to reopen in May Docks for your boat and others, and of course, a quality way of life second to none.Again property is all totally remodeled And ready for the next chapter they are reopening for the season mid may this property will sell ,we have people looking at it for a house!
Financial Summary
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