Asking - $250,000                   Cash Flow $ 40,000                 Potential is free living + $ 50,000

BUSINESS: This 150 seat restaurant and 25 client bar/lounge is in a prime location, on a Main Highway, and has been in operation for over 50 years in a historical Adirondack lakefront community that is undergoing “rediscovery and resurgence”.  The five-bedroom apartment that comes with it, like the total premises, has been recently refurbished. There is a large basement and garage with storage. The market is prime for increased business in the near future as a major investment in a year around tourist attraction matures in the summer of 2006. Closed for season at end of 2006

FACILITIES & EQUIPMENT: The wood-ceiling dining room is in two sections, one with fireplace, and each with independent entrances. There is a large inviting front porch and a rear dining deck that overlooks a large backyard that invites weddings, special groups and warm weather outdoor dining and parties. Interior décor is bright, with wood and carpets in abundance. The lounge is inviting and “Adirondack” in its décor, with a pool table and a dart scoring machine. Most of the kitchen equipment is new and top of the line, and includes a smoker in addition to the usual commercial range, ovens, microwaves and dishwasher. Close to $ 200,000 was recently spent on full renovation of the premises to put it in first class condition. The apartment is inviting and spacious, and the attic can be refurbished for additional bedrooms, etc. Detached two-story garage and excellent signage on a 1.5 acre lot with parking for 100 cars.

WHY BUY?

• Well-established full service year-around restaurant