Active
Restaurant and Tiki Bar
Fun, Prestigious, Restaurant and Tiki Bar first established in 1973, updated and renovated with an Island Groove and new outdoor patio dining! For many years we operated 365 days a year and opened for lunch, dinner, and late-night cocktails. Outstanding numbers for being open 6 months a year! 160 capacity w/50 Paved parking spots. The Business has a solid history of profitability and is very scalable with an exceptional reputation and goodwill expanding over 50 years. We have long lasting relationships and friendships with customers from all over the world!
We established in Sylvan Beach because of its prime location, and it is a popular tourist & business area that continues to expand with multiple major generators. Local significant attractions are The Lake House Casino, Sylvan Beach Amusement Park, Marinas, and The Cove.
We are only 10 mins away from The Turning Stone Casino, Boxing Hall of fame and NYS Thruway Exit 34. BOOMING Sylvan Beach is centrally located between Syracuse and Utica, a short drive or boat ride from local cities and strong market from Binghamton & Rochester areas as well. The Real Estate Is also for sale for $349,000 and has 2 Apartments. POTENTIAL CREATIVE OPTIONS ON REAL ESTATE! For more detailed information, please contact listing agent Thomas Vondell at 845-389-2599 or tomvondell@fcbb.com
Listed By: Omar Kettani
We established in Sylvan Beach because of its prime location, and it is a popular tourist & business area that continues to expand with multiple major generators. Local significant attractions are The Lake House Casino, Sylvan Beach Amusement Park, Marinas, and The Cove.
We are only 10 mins away from The Turning Stone Casino, Boxing Hall of fame and NYS Thruway Exit 34. BOOMING Sylvan Beach is centrally located between Syracuse and Utica, a short drive or boat ride from local cities and strong market from Binghamton & Rochester areas as well. The Real Estate Is also for sale for $349,000 and has 2 Apartments. POTENTIAL CREATIVE OPTIONS ON REAL ESTATE! For more detailed information, please contact listing agent Thomas Vondell at 845-389-2599 or tomvondell@fcbb.com
Listed By: Omar Kettani
Background information
Reference:
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Year established:
1973
Reason selling:
Retirement
Finance
Sales:
$735,326
EBITDA:
$199,727
Operations
Employees:
26
Equipment:
Included in asking price $42,681
Premises
Facility:
This listing is owned property with property price of $349,000 not included in the asking price. Seller is active with 6 FT and 20 PT employees. Hours of open are 4pm Tuesday to Friday, 3pm Saturday and 1pm Sunday. $42,681 in FF&E. Liquor license required.
Location:
Sylvan Beach, NY
Opportunities
Growth:
Only open seasonal and 5 days a week right now!
Price and terms
Price:
$399,000
Training:
4 weeks