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RE:  Newly Renovated Tavern & Restaurant Contact:  Bill White Jr.
Owner Financing is Available!
$122,000 down/$122,000 over 36 mos. @ 9%.

Quick Facts

Asking Price: $244,000
Annual Revenue: $997,126
Net Profit: Not Disclosed
Cash Flow: $189,454
Total Debt: Not Disclosed
FF&E: 150,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 15
BBN Listing #: 36294955
Broker Reference #: 4301-17029

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Business Overview:

The tavern, along with its beautifully renovated building, offers an unbeatable combination of modern aesthetics, a fresh menu, and a dedicated team, making it the talk of the town since its grand reopening in April 2021. Under new ownership, the tavern has undergone a comprehensive transformation. The building itself has undergone extensive renovations, resulting in a stunning space that exudes warmth and charm. The interior has been outfitted with top-of-the-line equipment, stylish furniture, and captivating décor, creating an inviting ambiance that guests simply adore. The tavern has been designed for success, featuring over 100 seats, a charming patio area, and a well-equipped bar accommodating 25 patrons. With a fresh new name and an innovative menu, the tavern is capturing the attention of both locals and visitors alike. The business has quickly become a popular destination for those seeking a delightful dining experience paired with ice-cold beers and expertly crafted mixed drinks. The establishment has already cultivated a loyal customer base, boasting a healthy mix of regulars and new patrons eager to savor the restaurant's fresh and high-quality offerings. The business is led by a highly experienced manager supported by a team of 15 employees. The business includes all needed liquor licenses to operate daily until 2:30am. The newly renovated building is available for purchase separately, including a tenant-occupied apartment on the upper level, offering potential for additional income.

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Property Features and Assets:

Recently upgraded building with rented upstairs apartment available for additional cost through real estate broker. Over 100 seats, 25 at the bar, and beautiful patio. Assets = $163,000

Market Competition and Expansion:

Small town with only a few competitors. This neighborhood bar & grill is just getting started!

Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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