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Established Bar In Margaretville For Sale

Margaretville, New York, US
Freehold Price:
$525,000 Inventory / Stock included
Lease Asking Price:
$109,000 Inventory / Stock included
Sales Revenue:
$100K - $250K
Cash Flow:
Available on request

Introducing a commercial opportunity in the charming village of Margaretville!

This property not only includes a turnkey speakeasy bar business but also presents potential expansion for indoor/outdoor seating and events in the garage area and side garden, making it a versatile space for patrons to enjoy. The current owners have initiated the kitchen expansion, setting the stage for a more food-focused business. In addition to the bar, the adjacent space boasts a recently renovated white-boxed retail area, providing an excellent opportunity for rental income. With the potential to accommodate a variety of businesses, this neighboring space adds further value and flexibility to the property.

This unique offering presents a rare chance to invest in a building with multiple revenue streams and room for growth. Don't miss out on this exciting opportunity to become a part of a dynamic and evolving neighborhood scene!

The sale includes business and real estate. Sellers are willing to sell business without the building as well for $109k.

Property Information

Real Estate:

Available as lease or with real property included

Location:

The building is on a prime Main Street Location.

Premises Details:

The premises contain retail/fitness, always for the bar/bistro to expand into the garage with a large roll door for event space and a large yard for outdoor dining.

Business Operation

Expansion Potential:

We just expanded the kitchen space to offer more food, which will increase revenue and profit potential. You can also expand into the garage with a large roll-door for event space and a large yard for outdoor dining.

Competition / Market:

The is one wine bar and one restaurant down the street.

Employees:
5
Years established:
2023

Other Information

Support & training:

We can train.

Furniture / Fixtures value:
$60,000
Inventory / Stock value:
$3,500 - included in the asking price
Lease asking price:
$109,000 - Inventory / Stock included