Lake George restaurant, Tavern with parking

Asking Price$3,250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,270,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,000,000
Included in asking price
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Lake George restaurant, Tavern with parking


Asking Price$3,250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,270,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,000,000
Included in asking price

Seller Financing Available
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.
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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