Lake George restaurant, Tavern with parking
Business Description
Duffys
Duffy's Tavern represents a premier acquisition opportunity in Lake George Village, a distinguished hospitality establishment operating within the bars, pubs, and taverns sector. This turnkey operation encompasses a comprehensive asset package including the operational business, real estate holdings, and dedicated parking facilities.
The transaction includes two strategically positioned parcels: 22 Amherst Street and 320 Canada Street, providing substantial real estate value and operational flexibility. The establishment maintains full operational capacity with complete equipment packages and infrastructure necessary for immediate continuation of operations.
Financial Performance:
- Reconstructed 2025 income projection: $600,701
- Debt coverage ratio: 1.65 (exceeding standard lending requirements)
- Additional revenue streams available for development
- Established revenue history demonstrating operational stability
Market Position:
The business benefits from an advantageous location within steps of Lake George, positioning it within a premier Capital Region tourism destination. The establishment has cultivated substantial brand recognition and maintains a loyal customer demographic, providing sustainable revenue foundations.
Operational Advantages:
- High pedestrian traffic patterns
- Seasonal demand drivers supporting revenue optimization
- Established customer base with demonstrated loyalty
- Complete turnkey operational status
- Dedicated parking facilities enhancing customer accessibility
This acquisition opportunity suits qualified investors seeking an established hospitality operation with proven financial performance, strategic location advantages, and comprehensive asset inclusion. The combination of real estate ownership, operational business, and parking facilities provides multiple value streams and investment security.
Due diligence materials available to qualified buyers through executed non-disclosure agreement with listing representative.
The transaction includes two strategically positioned parcels: 22 Amherst Street and 320 Canada Street, providing substantial real estate value and operational flexibility. The establishment maintains full operational capacity with complete equipment packages and infrastructure necessary for immediate continuation of operations.
Financial Performance:
- Reconstructed 2025 income projection: $600,701
- Debt coverage ratio: 1.65 (exceeding standard lending requirements)
- Additional revenue streams available for development
- Established revenue history demonstrating operational stability
Market Position:
The business benefits from an advantageous location within steps of Lake George, positioning it within a premier Capital Region tourism destination. The establishment has cultivated substantial brand recognition and maintains a loyal customer demographic, providing sustainable revenue foundations.
Operational Advantages:
- High pedestrian traffic patterns
- Seasonal demand drivers supporting revenue optimization
- Established customer base with demonstrated loyalty
- Complete turnkey operational status
- Dedicated parking facilities enhancing customer accessibility
This acquisition opportunity suits qualified investors seeking an established hospitality operation with proven financial performance, strategic location advantages, and comprehensive asset inclusion. The combination of real estate ownership, operational business, and parking facilities provides multiple value streams and investment security.
Due diligence materials available to qualified buyers through executed non-disclosure agreement with listing representative.
About the Business
- Years in Operation
- 49
- Employees
- 30
- Currently Home Based
- Yes
- Facilities & Assets
- All restaurant and kitchen equipment
- Market Outlook / Competition
- Very good condition
- Opportunities for Growth
- Expand menu, but we believe DON'T CHANGE A THING. THIS BUSINESS IN A POWER HOUSE.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 10,000
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Management in place, and will stay on.
- Financing Options
- $2,000,000 down. Seller will hold the balance of purchase price, at reasonable rate
Listing Info
- ID
- 2378961
- Listing Views
- 2024
Business Location
Listing ID: 2378961 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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