501 Us-20New Lebanon, NY 12125
- Retail properties
Property Details for 501 Us-20
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional Class A, 100% occupied, NNN-leased business opportunity presents a turnkey established tavern and axe throwing venue in New Lebanon, NY. Located at 501 US-20, this 3,700 sq ft. (plus 60-seat patio) establishment boasts a full-service restaurant and bar, complete with a wood-fired oven, extensive kitchen equipment, and a state-of-the-art walk-in cooler and freezer. The recent 2022 expansion added six axe throwing lanes, pool tables, dartboards, and a dedicated banquet space, significantly enhancing the entertainment offerings. The business, built from the ground up in 2015, has consistently thrived, even during COVID-19 shutdowns, demonstrating its resilience and strong market position. A seasoned General Manager with 25 years of experience is in place and open to a minor equity partnership. The property features a new roof (2022) and plans for solar panel installation are underway. Current delivery partnerships with DoorDash, Uber Eats, and Slice further enhance revenue streams. Future growth potential includes expanding hours, implementing axe and pool leagues, launching a catering truck and mobile axe trailer, and adding an ice cream/dessert bar. This profitable business offers a unique blend of dining and entertainment, making it an ideal investment for a discerning buyer. The asking price is $2,900,000.
Location Insight
- City
- New Lebanon
- County
- Columbia
- State
- New York
- Latitude
- 42.467
- Longitude
- -73.3906
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].