Business for Sale Overview:
Great tavern in the heart of a North Shore downtown business area. Business has been established for more than 25 years and has a solid reputation and customer base in the surrounding community. Sales consist of a good mixture of food and liquor, but could be increased further by a focus on liquor sales through advertising and event sponsorship. Current owner has invested more than $100,000 in building and equipment upgrades, including outside dining patio. Permits allow for the addition of outside sidewalk seating as well. Business is currently operated as absentee owner due to owner's commitment to another business. Owner's health does not allow attention to be given to second business. On site owner could reduce payroll and provide the oversight this business needs to truly flourish. 7 years remaining on lease with an additional 5 year renewal period. This is an outstanding opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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.