Rare opportunity to acquire a profitable, fully operating and completely furnished motel and hospitality business in Schroon Lake, New York, in the heart of the Adirondacks. The real estate and the operating business are offered together as a complete turnkey package.
The property has operated continuously as a motel for approximately 75 years and has changed hands only three times in that span, with ownership traditionally held for decades at a time. Properties like this rarely come to market.
This is not a startup. A buyer steps into an established, income-producing business with existing revenue, future reservations already on the books, staff, furnishings, equipment, and operating systems in place.
ACCOMMODATIONS — 16 UNITS
4 king rooms
6 double-queen rooms
3 efficiency cabins
1 two-bedroom cabin with full kitchen
2 upstairs lodge suites with private bedroom, bath, living room and dining area
All guest accommodations are furnished and appointed, with refrigerators, microwaves, coffee makers, toasters, and seating in the rooms.
OWNER'S RESIDENCE
The first floor of the main lodge is a private residence with bedroom, newly renovated bathroom, full kitchen, dining room, and living room with fireplace — an excellent arrangement for an owner/operator who wants to live on site.
GROUNDS AND AMENITIES
Fenced in-ground swimming pool with pump house, dedicated guest barbecue area, and landscaped, well-maintained grounds. The property also includes a separate office/check-in building, one-car garage, storage shed, and rear carport. The owner has spent over $200,000 in upgrades and improvements to the property in the last 3 years.
INCLUDED EQUIPMENT
Housekeeping golf cart and equipment, snow blowers and snow-removal equipment, tractors, lawn mowers, guest-room furnishings, and property-maintenance equipment. A buyer is not starting from zero on the equipment side.
OPERATIONS
Housekeeping staff is currently in place, along with established maintenance contacts. The business has an active presence on online booking platforms and uses keyless guest entry, allowing guests to book and access rooms around the clock. Numerous future reservations are already booked.
GROWTH POTENTIAL
The foundation is established, and there is meaningful room for a motivated owner/operator to build on it — expanded marketing and direct bookings, higher occupancy and off-season utilization, greater use of the cabins and larger suites, longer stays, and packages built around Schroon Lake and Adirondack recreation.
LOCATION
On U.S. Route 9, less than a mile from the Village of Schroon Lake and about a quarter mile from a marina and lake access. Close to boating, swimming, fishing and hiking in the summer; skiing and snowmobiling in the winter. A genuine year-round destination.
Detailed financial information, additional photographs, and property details are available to qualified prospective purchasers. Serious and financially qualified buyers only.