25-Year restaurant for sale with or without real estate

Asking Price$225,000

Cash Flow
$80,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$700,000

Inventory$20,000
Not included in asking price
FF&E$90,000
Included in asking price
Real Estate$750,000
Not included in asking price
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25-Year restaurant for sale with or without real estate


Asking Price$225,000

Cash Flow
$80,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$700,000

Inventory$20,000
Not included in asking price
FF&E$90,000
Included in asking price
Real Estate$750,000
Not included in asking price
Business Description
classic neighborhood Tavern been a restaurant for over 100 years, three full bars massive outdoor area with entertainment license, patio license, liquor license, includes cornhole courts covered outdoor seating for 55, outdoor area includes covered cooking area with pig roaster smoker flat top grill event grill to burner stove outdoor bar has seating for 25 ice bins TVs furniture covered carport includes pool table seating for 40 outdoor area as seating for 40 with four fire pits and a stone fireplace inside back room designed by world famous sculptor almond LaMontagne with a classic Tavern look full bar seating for 55 front room full bars seating for 35 Stonewall two fire places one wood stove one propane parking for 70 people two /three bedroom apartment with one bathroom wood floors we've hosted events and weddings for up to 200 people owner looking to relocate
About the Business
Years in Operation
26
Employees
12 (4 Full-time, 8 Part-time)
Facilities & Assets
full service restaurant with liquor license three full bars one dining area one bar lounge which could be made into a cigar lounge or coffee Cafe two to three bedroom apartment on the second floor sandwich units,. reach in freezer refrigerator Deerfield drawer unit two convection ovens fryer walkin large capacity ice machine stand up freezers glycol units cornhole quartz pig roaster event grill smoker flat top grill pool table outdoor furniture parking for 70 the establishment has been here for 25 years in the previous restaurant was here for 79 plus
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,600
About the Sale
Transition Support
discussed upon sale
Financing Options
lease 5800 including three-bedroom 4000 restaurant and outdoor
Listing Info
ID
2423981
Listing Views
23
Business Location

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Business Listed by: Thomas paolantonio

Listing ID: 2423981 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. See our full Terms of Use. Learn how to avoid scams.


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