Bar for Sale in Caroga Lake, USA
Newly established tavern on the waterfront of Caroga Lake in ADKs with 30 seating capacity.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 296 thousand |
| Run Rate Sales | USD 296 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants + 1 more |
| Locations | Caroga Lake |
| Local Time | 12:44 PM America / New York |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
360 thousand
(Native Currency: USD 360,000)
Reason: The owner primarily wants to sell the property with all the assets, not the business.
Liquor licens...
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Includes physical assets worth
USD
150 thousand
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Business Name
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Business Overview
- The tavern attracts a significant customer traffic.
- Average order value is USD 50-60.
- The business also boasts an outdoor patio, a 30-seat square bar with breathtaking lake views.
- Has a scenic view of the lake from the inside and docks outside for boaters.
- The tavern holds a liquor license, allowing for the sale of alcoholic beverages.
- The business has completed health department inspections.
- There are 4 permanent employees who are sufficient to manage the business operations, no additional contract/temporary employees required.
- Average order value is USD 50-60.
- The business also boasts an outdoor patio, a 30-seat square bar with breathtaking lake views.
- Has a scenic view of the lake from the inside and docks outside for boaters.
- The tavern holds a liquor license, allowing for the sale of alcoholic beverages.
- The business has completed health department inspections.
- There are 4 permanent employees who are sufficient to manage the business operations, no additional contract/temporary employees required.
Products & Services Overview
We specialize in our 8 oz handmade burgers, frozen cocktails, outside bar on the water and wings.People travel frequently from 2 hours away and is a frequented place for kayakers, snowmobilers, and boaters alike.
Assets Overview
Physical assets include the furniture, equipment and fixtures.Inventory not included by NYS law.
Facilities Overview
1 floor, 4,418 sq ft- billiards room, dart room, plenty of space for private parties or a large dining area.We currently have 12 4-tops and a 30 person bar.
Also features 8 tables outside on the waterfront patio - with an outdoor bar as well (liquor license for both)
This is for sale only. No lease option.
Location is Caroga Lake, NY.
Capitalization Overview
Business is funded 100% by owner.No debts other than the mortgage.
Single owner holding 100% shares in the business, no other shareholders.
Recent Activity
-
Earlier than 15 daysOwner, Restaurant, Caroga Lake, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Restaurant, Wilton, Individual Investor / Buyer connected with the Business
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