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Business For Sale
BEER TAVERN (WITH GAMBLING)
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Asking Price: |
$385,000
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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Owner wishes to retire |
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Year Established:
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1918 |
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# of Employees:
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4 |
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Yearly Revenues:
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$375,000 |
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Yearly Cash Flow:
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$72,000 |
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Yearly Net Profit:
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$80,000 |
Business for Sale Overview:
90 year old Beer Drinking 'institution' for sale. This is only the 4th time in nearly a century that this well-traveled tavern has been offered for sale.
Monthly gross gambling receipts are about $ 40,000 (netting $11,000-$12,000). Beer sales are about $600-$700 a day. Owner enjoys $6,000 per month 'take home'.
Price includes the building and property, including off street parking. Buy this business and you will Never Pay Rent!
For the experienced tavern owner, this one should be a ‘no-brainer’ money maker.
Property Features and Assets:
The premises consist of an older (almost 100 years old) building in good condition. There is a 2 bedroom apartment upstairs that can be used as living quarters for the owner or leased for additional income. Also included is an off-street parking lot for 20-30 cars plus outdoor beer garden.
Additional Details:
- The property is owned.
- 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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