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Bar & Tavern with Property

Cayuga County, New York

Asking Price: Gross: Cash Flow:
$155,000 $388,664 $58,352

Business Summary:
LISTING ID # 29018Awesome Bar & Tavern with Property. Get out of the rat race downstate and move the finger lakes! This is the ideal opportunity. Here you have a beautiful 2,000 sq. ft. tavern and restaurant with a full kitchen, room for live entertainment and an 18 tap bar. Indoor occupancy for 80, plus an outdoor deck seating another 40. This is more of a casual dining experience for families but also offering dart and pool teams. The space also has upstairs storage and a basement. In fact, you can live on site if you wanted to. In the last year, gross sales were approx. $400,000.00 with a net cash flow of approx. $58,352 (with a payroll add back for an owner /operator). The property is also available for an additional $199K through PMTG Realty. PROPERTY TAXES ARE ONLY $5K/YR. You do not have to purchase the property. The owner will offer a lease. We are seeking a serious and financially qualified buyer with at least $100K to cover the downpayment on the business. If you meet the criteria, please call 1-877-735-5224.Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29018 for instant access to this business information.

 
   
   
Year Business was Established: 2012
   
Number of Employees: 3FT/7PT  
   
Owner willing to finance: 100,000.00 Down & $55K over 5 yrs. @ 6%.  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement/Other business.  

 

 

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