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.
- Asking Price:
- $244,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $997,126
- Cash Flow:
- $189,454
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
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.
Business Operation
- Expansion Potential:
-
This neighborhood bar & grill is just getting started!
- Competition / Market:
-
Small town with only a few competitors.
- Reasons for selling:
-
Other Business Interests.
- Trading hours:
-
Mon-Thurs 11am-1am; Fri-Sat 7am-1am; Sun 7am-7pm
- Employees:
- 5 FT/10 PT
- Years established:
- 1
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$122K down/$122K over 36 mos. @ 9%.
- Furniture / Fixtures value:
- $150,000 - included in the asking price
- Inventory / Stock value:
- $13,000 - included in the asking price