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Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $380,000 | |
Real Estate: | $550,000 | |
Year Established: | 1998 | |
Employees: | Not Disclosed | |
BBN Listing #: | 184433937 | |
Broker Reference #: | BRNFRD TAVRN |
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Business Overview:
A high grossing tavern established 24 years ago with all the elements for success big bar, over the top patio, private parties, multiple revenue sources, weekend late night entertainment, popular lounge and dining seats. You’re not just buying a profitable tavern but a piece of history which makes this a low risk investment its only on the market because of family. It’s rare to see an opportunity like this one act now to take advantage of this outstanding best buy tavern call now!
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Property Features and Assets:
4,000 flourishing square feet plus 2,200 outrageous tented patio with lucrative full bar, grill and fire table, $6,000 judicious gross rent month (includes CAM, property tax & insurance), 3 five year options, established 24 money making years, large popular full service bar, 50 pulsating lounge & bar seats, 90 captivating patio seats, charismatic dining, 80 private party room averaging $90k yr, pool table with leagues, two magnetic fireplaces, money making games juke box & keno, 7 draft beer lines, two walk-ins, full kitchen, numerous big screen TV’s, $50k GENERATOR, end cap location in thriving center outside great landlord.
Market Competition and Expansion:
Competition: End cap location in major center on Rt 1 Growth & Expansion: More marketing
Reason for Selling:
Time to retire.
Additional Details:
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