Great local family friendly bar restaurant with huge potential.m
Asking Price: | $609,000 |
Gross Revenue: | $970,000 |
FF&E: | $79,000 |
Cash Flow: | $149,000 |
Inventory: | $25,000 |
Real Estate: | $519,000 |
**For Sale: Iconic Bar Restaurant - A Century of Success at this location!**
Seize the opportunity to own a beloved local gem! This established bar restaurant has proudly served the community for over 100 years at this location under a few names, becoming a cornerstone of the area. With a loyal and growing clientele, sales have steadily increased over the last 5 years, showcasing its robust potential.
Current owners are reluctantly selling due to other business commitments that require their attention. This is a hands-off operation, allowing the owners to visit just once a month. A skilled management team is already in place, ensuring a seamless transition and continued success.
This is your chance to take the reins of a thriving business with an excellent reputation and a strong base for future growth. Don’t miss out on this rare opportunity to own a piece of local history! Contact us today for more details. This sale includes full real estate and full liquor license and a thrive in business. The real estate alone just appraised at $519000. Yearly sales at this location are just shy of 1 million. This is the type of restaurant that you would be comfortable taking your family to at 6:00 p.m. or your date at 9:00 p.m!