Business For Sale

Picturesque Tavern with great Cash Flow & RE

Not Disclosed, MA
Berkshire County

Asking Price: Annual Revenue:
$1,990,000 $1,650,000

Commercial Real Estate: Retail & Shopping Centers

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RE: Picturesque Tavern with great Cash Flow & RE Broker: Todd Smith

Quick Facts

Asking Price: $1,990,000
Annual Revenue: $1,650,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Massachusetts
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 665624983
Broker Reference #: Not Disclosed

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Business Overview:

Tremendous Opportunity to purchase a very profitable Tavern with valuable and cash flowing Real Estate. This long established Tavern is located in a very fashionable and picturesque town in the Berkshires. Easily the most popular place in the bustling downtown area; it is the 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 $350,000 per year and sales have continued to grow over the past seven years in spite of the bad economy. The Real Estate is valued at $1,300,000 and has gross rental incomes of $12,000 – 14,500 per month. 2 Apartment have been completely renovated, new bathrooms and kitchens. Floor to ceiling overhaul. This is truly a gem that is a must see.

FACILITY: The building is approximately 7,200 square feet. The Tavern has seating for 90 persons inside and 46 persons outside. The Tavern has been completely renovated and is “turn-key.”
REAL ESTATE: The Real Estate value is $1,300,000. The structure consists of two commercial and four residential units with gross rental income of $12,000 – 14,500 per month.
PARKING: Private lot and on-street parking available
EQUIPMENT: The equipment is brand new, top of the line and has been maintained.
BASE RENT: $8,000 per month NNN (Current rent the operator is paying himself, this is well below market)
CONCEPT: Tavern & Restaurant
SEATING: Seating for 90 persons inside and 46 persons outside.
HOURS: 7:00 AM – 11:00 PM
LICENSES: Full Liquor & Entertainment licenses 1:00 AM

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Additional Details:

  • The property is owned.
  • The owner is 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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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