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Listed by:

Transworld Business Advisors

Historic Community Tavern With Real Estate For Sale

US
Asking Price:
$375,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$212,876
Cash Flow:
$31,898

*REAL ESTATE INCLUDED IN PRICE.

Exclusively offered by Transworld Business Advisors of Cleveland Metro.

Nestled in the heart of Mercer County, this cherished tavern boasts a rich history and a strong presence in the local community.

The business comes fully equipped with a valuable liquor license, music license, and food license, making it a prime venue for both dining and entertainment.

The establishment offers a fantastic opportunity for new ownership to continue a tradition of excellence and also explore potential expansion. Whether you're looking to enhance the existing menu, extend operating hours, or capitalize on event hosting, this tavern provides a solid foundation with endless possibilities.

Property Information

Real Estate:

Real Property Included

Location:

Facilities: Kitchen and dining area.

Business Operation

Expansion Potential:

As the new owner of this historic tavern in Mercer County, you will inherit a business ripe with potential for growth and expansion in several exciting directions:

*Menu Expansion and Culinary Events: Enhancing the current menu to include more diverse culinary offerings can attract a broader clientele. Introducing themed dining nights, seasonal menus, or farm-to-table dishes that highlight local ingredients could further entice food enthusiasts.

*Extended Hours and Service Offerings: Extending operating hours to include breakfasts/lunch could capture additional market segments, such as the early morning crowd. Offering brunch on weekends could particularly appeal to families and young professionals seeking a leisurely weekend meal.

*Event Hosting and Private Parties: With its existing licenses, the tavern is well-positioned to become a prime venue for hosting various events, including private parties. Developing a dedicated event space or enhancing existing areas for private hire can significantly increase revenue.

*Live Entertainment and Theme Nights: Leveraging the music license, the tavern can expand its live entertainment offerings. Hosting live bands, open mic nights, or themed music evenings (like jazz nights or 80s music parties) can enhance the tavern’s appeal and draw in crowds looking for entertainment along with their meal and drinks.

*Marketing and Community Engagement: Implementing a robust marketing strategy that includes social media engagement, a revamped website, and participation in community events can enhance the tavern’s visibility and attract tourists in addition to locals. Partnerships with local businesses and sponsorships of community events can further solidify its standing in the community.

Each of these growth avenues respects the tavern’s storied past while steering it towards a future of expanded possibilities and continued success in the community.

Reasons for selling:

Retirement

Trading hours:

Tuesday - Saturday from 3pm to 2am

Employees:
4
Years established:
1971

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 4

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing Amount: $37,500.00

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$12,000 - included in the asking price