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Tavern Assets In Massachusetts For Sale

Massachusetts, US
Asking Price:
$129,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

LISTING ID # 36347

This tavern is located on a very busy road in Hampden County, Massachusetts. The seller has all the applicable licenses in place: food, liquor, and lotto. The total seating capacity is up to 60 people. Liquor inside can be served until 1 am, with a 20 person capacity at the bar. The facility also has a patio for additional outdoor seating. A new owner could add hookah outside. The tavern parking lot can fit approximately 20 cars. Kitchen is fully functional and ready to go with all of the proper equipment. There is also a fountain machine, beer cooler, soda machine, and ice maker. There are 2 bathrooms, a small office, and storage area with a basement. The tavern was completely renovated about 3 years ago, with the previous owner spending over $70k to do the renovations. The tavern has been closed for about 2 months after the previous owner passed away. The business was thriving prior to the owners passing and can blossom again under new ownership. The rent to the present owner will be $2,500 per month which is a bargain for a 2,000 st ft building. The value of the licenses alone is well over 6 figures. As a bonus, the seller is wiling to provide new flooring. The walls have already been painted and the equipment is all in good and working condition. Don't let this opportunity pass you by! To learn more, please contact the broker Amit Desai.

Business Operation

Reasons for selling:

Owner passed away

Other Information

Support & training:

Seller will train

Business closed / Asset sale:
Yes