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Business For Sale
LANDMARK TAVERN
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Asking Price: |
$110,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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The owner wants to pursue a new career. |
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# of Employees:
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3 |
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Yearly Gross Income:
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$183,000 |
Business for Sale Overview:
This tavern has been a neighborhood landmark for decades. It has a full liquor license from 6am -2am. Take advantage of this opportunity to own your own tavern. Great license that is not being used to its full potential.
Property Features and Assets:
The bar & restaurant is 4,000 square feet and seats 80 patrons. It is housed in a 1920's building and needs work. Street parking is available in this mostly residential neighborhood. The rent is $2,000 per month and is subject to a new lease.
Market Competition and Expansion:
Competition: No competition is close by.
Growth and Expansion: The new owner/operator should add a package goods section and take advantage of Sunday package goods sales. Kitchen is currently closed and could be re-opened.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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