Presenting the Saratoga Rose Inn and Restaurant
New York Inn For Sale Highlights:
- Bed & Breakfast Inn with Restaurant
- Adirondack Park, Lake George Region
- 6 Guest Rooms
- Owners' Apartment
- PRICE GREATLY REDUCED
A Romantic Adirondack Inn and Restaurant
Summer 2010:
The Saratoga Rose Inn and Restaurant closed in early 2010. Both the owners and the lenders are very, very eager to sell. The price of $525,000 reflects urgency and is well below the 2004 purchase price. Based on the Inn’s recent history, new owners can expect a cash flow that will generously cover the debt. Please contact Eliot for more information.
The Saratoga Rose Inn and Restaurant is nestled on a rural Adirondack hilltop minutes from Saratoga Springs and Lake George, New York. Near Lake Luzerne, the Inn is located midway between New York City, Montreal and Boston at the convergence of the Hudson and Sacandaga Rivers – “Gateway to the Adirondacks.” The 6 million acre Adirondack Park has been a vacation destination since the early 19th century. The Adirondacks are home to the most 4-star resorts in New York - in the midst of wilderness. Visitors come seeking both nature and comfortable relaxation.
The owners of this 6 guestroom 1885 Queen Anne Victorian Inn and Carriage House upgraded the facilities and amenities throughout the property to offer guests deluxe accommodations and delicious cuisine. The restaurant seats 87 guests in three main dining rooms and 20 guests on the sweeping veranda in the summer. The Inn was voted “Best Bed and Breakfast” for two years running by Capital Region Living Magazine. Two acres of formal gardens and lush landscaping surround the Inn. The delightful Victorian dining rooms feature original stained glass windows, hardwood floors and marble fireplaces. Four romantic Victorian guest rooms with original stained glass windows are in the main Inn and two contemporary elegantly rustic guest rooms are in the Carriage House. All feature private baths, fireplaces, air-conditioning, and WiFi internet. Four have hot tubs and two have private decks. The commercial kitchen easily serves the restaurant and special events catering. The owners’ apartment is a comfortable suite of 4 rooms and a bathroom on the third floor.
The owners of Saratoga Rose developed an outstanding reputation. The Inn was rated as one of the “Top Ten Weekend Getaways in North America.” Dining and Room packages, a monthly Special Event Dinner series, seminars, meetings, and weddings all contributed to the bottom line. The Inn’s cash flow was ample prior to closing. At the current price it should easily cover the debt in short order. Inquiries about this New York Inn For Sale are welcome.Request a detailed Property Description.