Restaurants in Kingston available for sale
Kingston Turn Key Restaurants For Sale

Turn Key Restaurants for Sale within 50 kilometers of Kingston, NY, USA

More details for 1300 State Route 213, High Falls, NY - Retail for Sale

1300 State Route 213

High Falls, NY 12440

  • Turn Key Restaurant
  • Retail for Sale
  • $1,384,742 CAD
  • 10,800 SF
  • Air Conditioning
  • Restaurant

High Falls Retail for Sale

For only the second time in its storied 50-year history, the iconic Egg’s Nest Restaurant is being offered for sale or for lease. Situated on the best corner of the happening hamlet of High Falls, The Egg’s Nest is a Hudson Valley institution, beloved by locals, part-time residents, and travelers alike. Its whimsical brightly-colored exterior draws guests in, and the restaurant’s interior is a floor-to-ceiling work of art that is utterly unique, adding discovery and wonder to The Egg’s Nest experience. Weekend brunch at The Egg’s Nest is a “can’t miss” highlight of any Hudson Valley visit, and the evening scene in the warm and intimate Egg’s Nest bar forms the beating heart of the High Falls community. Current ownership, which took stewardship of The Egg’s Nest complex from the legendary Richard Murphy in 2016, has invested more than $700,000 in upgrades and improvements. Top-to-bottom renovations include a state-of-the-art oversized kitchen, a full basement prep area, a beautiful sun-filled private event space, a tropically-themed dining deck, and a new bluestone patio. In total, the restaurant measures nearly 5,000 square feet, plus an additional 2,200 square feet of outdoor space that serves to capture overflow business that often overwhelms the indoor capacity. A new owner can build upon the tremendous success of this long-established venue by unlocking the value of four large renovated rooms on the second floor of the historic restaurant, potentially adding a lodging element to The Egg’s Nest experience. Perhaps most critically, the Egg’s Nest complex includes an enchanting two-story home that has been artistically renovated, providing an exceptionally rare opportunity for a new owner to live on site. The home has always been the residence of The Egg’s Nest proprietor, offering a refined Woodstock aesthetic with an open-plan layout on the ground floor and a spectacular loft-like bedroom suite and screened-in sitting room on the second floor. The home’s beautiful outdoor spaces include multiple decks and a fire pit area surrounded by mature gardens and trees, creating a truly private oasis in the center of town. If new owners do not wish to live in the home, it would instantly become one of the most sought-after rental units in the region. This offering includes the home, the restaurant building, and the restaurant business and equipment – a true turn-key opportunity. Please continue your discovery of The Egg’s Nest by exploring our associated documents, including a full 3D virtual tour (in the "Links" section) and a detailed floor plan and narrative of “The Egg’s Nest Experience” (in the Brochures & Other Documents section). Guided tours available upon request. Co-listed with Corcoran Country Living.

Contact:

New Paltz Properties

Property Subtype:

Restaurant

Date on Market:

2023-07-13
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More details for 1006 NY-9H Rt, Ghent, NY - Retail for Sale

1006 NY-9H Rt

Ghent, NY 12075

  • Turn Key Restaurant
  • Retail for Sale
  • $1,802,252 CAD
  • 9,800 SF

Ghent Retail for Sale - Columbia County

Conveniently located just three miles from the City of Hudson and two hours north of New York City this iconic multi-generational restaurant has been operating since the 1930's. With its rich history and warm ambiance Kozels has served as a gathering place for friends and families alike. Located on 3.66 acres property has a 9000 sq ft restaurant with three dining rooms, large kitchens , a tavern room and a 24 seat horseshoe bar. A turnkey restaurant with everything included. The sale includes the business, a two story 5 room house, a red barn, 120 paved parking spaces and 270 ft of main road frontage. Ideal for a variety of uses included a banquet facility, farm to table dining experience, outdoor event space, a catering facility even a brewery. This versatile space is great opportunity

Contact:

Berkshire Hathaway HomeServices Blake, REALTORS

Property Subtype:

Restaurant

Date on Market:

2024-09-17
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United States Turn Key Restaurants New York Kingston

Turn Key Restaurants For Sale

Turn Key Restaurants

A turn key restaurant is in its simplest definition is an existing restaurant business that is bought and paid for, ready to open or continue its operations. So why would anyone want to invest in a turn key restaurant?  There are several reasons they make sense for investors.

  1. Turn Key Restaurant Businesses Are Less Risky Than Starting From Scratch

    Every business has risks and investing in turn key restaurants can be a good way to mitigate a few of them. When you buy an existing business, you are paying for the right to run it as the current owner does. By contrast, when you start from scratch you have no track record to use as a measure of success or failure.

  2. Turn Key Restaurants Mean You Can Start Up Quickly And Focus On The Business

    The faster you can get your new business open the better. Turn key restaurant businesses are attractive because they have everything in place for you when it is time to open up shop.  This means that all the work of finding a location, getting financing, hiring staff and buying the equipment for your business are handled by the seller.  This gives you time to focus on building a customer base rather than spending weeks or even months doing work that has nothing to do with running your business.

  3. Turn Key Restaurants Give Investors The Chance To Make More Money Than Starting From Scratch

    Once you have your business running you will have to keep it going or else lose money and the chance to ever make money at all.  This is not true with a turn key restaurant.  The restaurant is up and running so there are no start up costs for the new owner, just some minor expenses like licensing fees that need to be paid but not the expenses of buying all your business equipment.  This means that you have a few ways to make more money with less investment than if you bought a restaurant from scratch.

What should I look for in a turn-key restaurant?

While the turn key restaurant market has a lot of gems for potential investors, it is still important to remember that you are investing in a business. To make sure you get the best return on your investment, pay attention to these three things:

  • Location Is Everything

    Just like any other business, location is important when you buy a restaurant. Where your turn key restaurant is located can have a huge impact on how successful it will be. When choosing an area look at the population density and look for areas where there is demand for restaurants.

  • What Kind of Restaurant Are You Investing In?

    A restaurant's concept and niche is also a major consideration when choosing where to invest your money.  Your turn key restaurant should match the needs of the area you are investing in.  This means that not all restaurants will have equal success, especially if they don't meet people's expectations. Make sure you choose a restaurant that will be able to suit your area and get repeat customers.

  • Is It a fully equipped restaurant?

    It is important that the turn key restaurant you choose has everything in place to run.  If there are missing pieces or need for renovations, this could cost you more money down the line and make managing your business much harder too.  Make sure the equipment is ready to go in proper working order. Really take the time to look around, and make sure you do proper due diligence inspecting the condition of your turn key restaurant.

  • Is it a profitable restaurant?

    Understand that just because the restaurant is profitable does not mean it will be for you. When you buy a turn key business, anything that affects profit in your area also impacts the business.  Make sure to evaluate whether or not there are factors going on in the area that would have an impact on sales. Ensure that you have a CPA or similar look at the books of your turn key business so that you have a realistic idea of what the profits could be for you down the line. Examine the competition to understand future growth issues. Some areas are going to have more competition than others. If you buy a restaurant and soon after open another one opens up across the street this can make it harder to stay in business, especially in the short term. The key to getting a good return on your investment into a turn key restaurant. it can be hard to succeed if you buy a business that isn't making money in its current state, so ensure you have a strong business and marketing plan in place.

  • Is It Really a Turn Key Restaurant?

    The best way to make sure that the business is turn key is by researching every facet of it.  You should read any books or manuals about running the business, interview current employees, contact former owners, speak with customers and do anything else you can to get a full picture of what you are buying.  You don't want to find out that the business is not as turn key as you thought after you've paid for it.

Investing in turn-key restaurants can be a lucrative, low-risk way to get into the restaurant industry.

 

Looking to lease a Turn Key Restaurant? View Turn Key Restaurants for lease