American Restaurants, Diners, Other Restaurants & Food
Active
$743K Revenue Profitable Boutique Inn & Restaurant with Upscale Dining
Lake Placid, New York, United States
Asking Price-
Revenue$743,000
EBITDA$101,000
Cash Flow-
Description
This rare offering presents a charming, turnkey boutique inn and restaurant nestled in the heart of New York’s premier four-season resort destination. Operating from a meticulously preserved historic property, the business boasts a 10-room luxury inn and an 80-seat fine dining restaurant generating $743K in annual revenue. With strong profitability ($101K EBITDA), prime real estate ownership, and significant upside through operational enhancements and expanded event business, this represents a unique hospitality investment opportunity in one of the Northeast's most desirable leisure markets.
This communication relates solely to a potential change-of-control M&A transaction involving an eligible privately held company. It is intended only for prospective acquirers who will acquire control and actively participate in management and is not an offer or solicitation of securities. If these criteria do not apply to you, this communication is not intended for you; please do not access or review the transaction materials.
Real Estate
Owned
Building Size: 10000 sq. ft.Number of EmployeesFull-Time: 8
Year Established
2022
Facilities & Assets
10,000 Square feet of Property
Support & Training
Owners willing to support during transition
Market & Competition
Serves high-end leisure and event clients with peak seasonal demand and strong appeal tied to historic charm and premium experiences. Competes through differentiated ambiance, upscale dining, and curated guest stays in a heritage setting. Growth opportunity lies in enhancing digital visibility and expanding through tourism and local marketing channels.
Growth Opportunities
Opportunity to expand high-margin private events and wedding bookings, with reservations already in place for 2025. Increase off-season revenue through targeted promotions and enhanced marketing. Improve overall profitability by refining room pricing, boosting occupancy, and updating restaurant offerings.
Business listed by
Meridian