Picturesque Tavern With Great Cash Flow & RE

Not Disclosed, MA
Berkshire County

Asking Price: Annual Revenue:
$1,845,000 $1,406,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Picturesque Tavern With Great Cash Flow & RE Broker: Todd Smith

Quick Facts

Asking Price: $1,845,000
Annual Revenue: $1,406,000
Net Profit: Not Disclosed
Cash Flow: $294,540
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 985524983
Broker Reference #: Not Disclosed

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Business Overview:

Tremendous Opportunity to purchase a very profitable Tavern with valuable, positive cash flow Real Estate. This long established Tavern is located in a very picturesque town in the Berkshires. Easily the most popular place in the bustling downtown area offering a perfect place to eat, drink, watch the game and have fun. The Tavern has been completely renovated and is in excellent condition. The business itself is netting more than $294,540 per year and sales have continued to grow over the past five years in spite of the bad economy. The Real Estate is valued at for $1,300,000. and has gross rental incomes of $9,700 – 11,500 per month. This is truly a gem that is a must see. Asking $1,849,000 for the Business & Real Estate.

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Property Features and Assets:

FACILITY: The building is approximately $7,200 square feet. The Tavern has seating for 70 persons inside and 46 persons outside. The Tavern has been completely renovated and is “turn-key.” REAL ESTATE: The Real Estate is valued at $1,300,000. The structure consists of two commercial and four residential units with gross rental income of $9,700 – 11,500 in rent per month. PARKING: On-street parking available EQUIPMENT: The equipment is brand new, top of the line and has been maintained. BASE RENT: $8500. Per month NNN (Current rent the operator is paying himself, this is well below market) CONCEPT: Tavern & Restaurant SEATING: There is seating for 70 patrons inside and 46 plus seats outside HOURS : Open from 7:00 AM – 1:00 AM LICENSES: Full Liquor & Entertainment licenses 1:00 AM SALES: Approximately $1,406,000 (45% liquor) CASH FLOW: Approximately $294,540 per year for the business alone ASKING PRICE: $1,849,000 for the Business & Real Estate

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.

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