Tupelo Data Room
American Restaurants, Diners, Other Restaurants & Food
Active

$743K Revenue Profitable Boutique Inn & Restaurant with Upscale Dining

Lake Placid, New York, United States
listing image
Asking Price-
Revenue$743k
EBITDA$101k
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.
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.
Asking Price-