Profitable Bar Tavern Remodeled

Asking Price$349,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,366,635

Inventory$15,000
Not included in asking price
FF&E$225,000
Included in asking price
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Profitable Bar Tavern Remodeled


Asking Price$349,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,366,635

Inventory$15,000
Not included in asking price
FF&E$225,000
Included in asking price

Seller Financing Available
Business Description
Semi Absentee - New lease with Patio, Popular Bar, Smooth Operation
Imagine walking into your own thriving neighborhood bar where everyone knows your name - and more importantly, where you're already making great money! This 13-year-established tavern has everything you've been looking for in a bar business.

You'll love the atmosphere here. Picture high ceilings with that perfect industrial-meets-country vibe that keeps customers coming back. The extensive craft beer selection and creative cocktails practically sell themselves, and your experienced staff already knows how to keep everyone happy.

The food program is solid too - think crowd-pleasers like burgers, wings, and their famous bacon candy. Your customers rave about the friendly service, and you'll have built-in entertainment with regular live music and trivia nights that pack the house.

Here's what really sets this place apart: that gorgeous 660 square foot brick patio. It's pure gold for extending your season and keeping those regulars while attracting new faces. You're getting top-quality equipment too, including a premium walk-in cooler and a compliant 12-foot hood system in a clean, well-maintained space with beautiful wood accents.

The numbers speak for themselves - $180,000 in seller's discretionary earnings with $51,000 net operating income for 2024. You can run this semi-absentee style with your dedicated team that locals already know and trust.

Your lease situation is fantastic: currently $7,250, but the landlord will write you a fresh 5-year lease at $7,000 (years 6-10 at $7,700). That's stability you can count on.

This isn't just a business - it's your chance to own the heart of the community where multiple generations gather. The loyal customer base is already there waiting for you.
About the Business
Years in Operation
14
Employees
11 (4 Full-time, 7 Part-time)
Owner managers working limited hours
Facilities & Assets
Commercial Hood and Compliant Ansul system with plenum for makeup air - 12 ft, Walkin 8ftx10, ADA Bathroom, 2 Bathrooms, Clean Kitchen - full line, Refrigeration/freezer/ 2 Pitco Fryers, Double Oven combo with stovetop/griddle/broiler, Ample Stainless tables and wall shelves, Leased Dishwasher in kitchen and bar, nsf sinks throughout, counter equipment, Eliason Kitchen Swing Doors, Solid Wood Furniture with a country but industrial look, Raised Level Dining Area, quality sound system and electronics.
Market Outlook / Competition
Acquire in the slow season to learn the business and be ready for 25000 - 30000 dollar weeks. Current average sale now $20,000 a week. Past Sales $30,000 a week.
Opportunities for Growth
Food Sales are strong -- Grow your Bar Sales and still stay within liquor liability insurance limits

Expand Entertainment -- Utilize the Stage
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$7,000.00 per month
Lease Expiration
1/1/2035
About the Sale
Seller Motivation
This has been a business held for over a decade and Partners wish to continue wi
Transition Support
Yes 1 week training and continued support.
Financing Options
Partial financing for 20% of full price at 9 percent interest
Listing Info
ID
2442868
Listing Views
276

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Business Listed by: Jennifer Swerdlick Restaurant Equipment Paradise Inc.

Listing ID: 2442868 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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