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Quick Facts
Asking Price: | $5,299,000 | |
Annual Revenue: | $2,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $800,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 797624983 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
Unique Opportunity to own a Classic American Tavern and take it to the next level. This Gem of a business has several profitable revenue streams. They include waterfront seating, live music, and much more. The venue is excellent for weddings and other special occasions. This has endless upside.
FACILITY:The facility has been completely renovated and is in excellent condition
PARKING:Plenty of dedicated parking
EQUIPMENT:The equipment is in excellent condition and has been well maintained.
LEASE TERM:Real Estate is included in the sale
BASE RENT:Real Estate is included in the sale
CONCEPT:Bar & Restaurant with Event Space
SIZE:10,000 square feet
REAL ESTATE:Includes the restaurant and the home on the property
SEATS:Capacity of 300 inside & 300 outside
HOURS:Open 6 days/week
LICENSES:Full Liquor License
SALES:$2,800,000 per year (60/40 food/booze)
CASH FLOW:$800,000 per year
ASKING PRICE:$5,299,000 (For the Business & Real Estate) – Financing Available for Qualified Buyers
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