TAVERN WITH REAL ESTATE
Location: Arizona > Navajo County > Holbrook
Industry: Food and Beverage > Bars and Taverns
Financials
Asking Price: $475,000
Gross Revenue: $277,559
Gross Revenue Comments: 2007
Cash Flow: $89,867
Cash Flow Comments: 2007
Inventory: $9,000 (Not Included in Asking Price)
FF&E: $27,350 (Included in Asking Price)
Real Estate: $300,000 (Included in Asking Price)
Seller Financing: Seller will carry for qualified buyer or buyer to obtain a SBA loan.
Business Summary
A local favorite with entertainment in a downtown area on historic Route 66. Property and surrounding sidewalks/city lighting have been extensively upgraded. Historical setting give this establishment an old west charm.
About the Business
Year Established: 1944
Employees: 3 full time - 7 part time
Facilities: A 4,200 sf builiding on corner lot with traffic light, plus outdoor smoking and covered gathering arease. City property in front of tavern recently improved. Parking on-site for more than 50 cars.
Market Outlook and Competition: Local economy has been been healthy over the last several years and has contributed to a steady increase in revenues, which the seller states will likely continue in the future. One of 4 local taverns. Restaurants are nearby that also serve liquor.
About the Sale
Management Training and Support: Seller will familiarize buyer for 30 days without pay (negotiable)
Reason For Selling: Seller wishes to retire from the family business.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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