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Seize the rare opportunity to own a legendary restaurant with a remarkable 70-year history of continuous family ownership in Lake George, New York. This free-standing property boasts a stunning main dining room, a terrace dining area, a cozy bar, and a state-of-the-art kitchen equipped with impeccably maintained stainless-steel appliances.Mario’s is a cherished icon, adored by locals and visitors year-round. Situated on a spacious .41-acre lot, the property includes ample parking, a full dry basement with extensive storage, refrigeration, and an on-site commercial laundry facility for linens and uniforms. Additionally, the second floor features a spacious three-bedroom owner’s apartment and office, offering both convenience and comfort.With a solid track record of success and impressive financials, Mario’s still holds untapped potential. A fresh approach to the menu and decor could elevate this already thriving business to new heights. The retiring owners have lovingly operated this iconic restaurant for generations, making this an exceptional opportunity to carry on their legacy and bring your vision to life.FACILITY:Freestanding buildingPARKING:21 dedicated spotsEQUIPMENT:The equipment is in excellent condition and has been well maintained.CONCEPT:Italian RestaurantSIZE:5,630 square ft. building; 17,859 total sq.ft.SEATS:160-person capacityHOURS:Open Thursday-Monday at 4pLICENSES:Full Liquor LicenseSALES:$1,200,000 in 2024CASH FLOW:$262,360 SDEASKING PRICE:$1,700,000 (For the Business & Real Estate)
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