Well-Established Bar for Sale
Business Description
Top Hat Tavern presents an exceptional opportunity to acquire a well-established neighborhood bar with real estate included. Located on busy West Cornhusker Highway in Lincoln, NE, this profitable tavern has built a loyal customer base over years of consistent operation.
BUSINESS HIGHLIGHTS:
• Annual revenue of $309,560 with strong cash flow of $140,000
• Only bar/tavern on West Cornhusker Highway near Lincoln Municipal Airport
• Draws from diverse customer base including local residents, area hotels, and major employers like Duncan Aviation and Zoetis
• Turnkey operation with furniture, fixtures, and equipment included
• 2,224 square foot building with real estate ownership providing long-term stability
The property has been thoughtfully maintained and upgraded over the past nine years. Recent capital improvements demonstrate the owner's commitment to operational excellence:
• Two new bar coolers installed in 2024
• New ice machine and water heater in 2023
• Updated A/C unit in 2024
This established neighborhood favorite benefits from its strategic location along a busy highway corridor, capturing traffic from multiple customer segments. The business has shown consistent growth under current ownership, indicating strong market position and operational systems.
With minimal direct competition in the immediate area and proximity to significant commercial activity including the municipal airport and major employers, Top Hat Tavern offers excellent potential for continued growth. The combination of real estate ownership, established customer loyalty, and recent facility improvements makes this an attractive investment for both experienced operators and new investors seeking a profitable hospitality business.
Asking price: $800,000 includes real estate, business operations, and all equipment.
BUSINESS HIGHLIGHTS:
• Annual revenue of $309,560 with strong cash flow of $140,000
• Only bar/tavern on West Cornhusker Highway near Lincoln Municipal Airport
• Draws from diverse customer base including local residents, area hotels, and major employers like Duncan Aviation and Zoetis
• Turnkey operation with furniture, fixtures, and equipment included
• 2,224 square foot building with real estate ownership providing long-term stability
The property has been thoughtfully maintained and upgraded over the past nine years. Recent capital improvements demonstrate the owner's commitment to operational excellence:
• Two new bar coolers installed in 2024
• New ice machine and water heater in 2023
• Updated A/C unit in 2024
This established neighborhood favorite benefits from its strategic location along a busy highway corridor, capturing traffic from multiple customer segments. The business has shown consistent growth under current ownership, indicating strong market position and operational systems.
With minimal direct competition in the immediate area and proximity to significant commercial activity including the municipal airport and major employers, Top Hat Tavern offers excellent potential for continued growth. The combination of real estate ownership, established customer loyalty, and recent facility improvements makes this an attractive investment for both experienced operators and new investors seeking a profitable hospitality business.
Asking price: $800,000 includes real estate, business operations, and all equipment.
About the Business
- Facilities & Assets
- This is a turnkey opportunity. All furniture, fixtures, and equipment are included.
- Market Outlook / Competition
- This is the only bar/tavern on West Cornhusker Highway and near the Lincoln Municipal Airport. The business draws from local residents, area hotels, and area businesses including larage employers such as Duncan Aviation and Zoetis.
- Opportunities for Growth
- There is plenty of room to expand the building and increase the paved parking area. Food service may be a good value-add as there are limited options in the area.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,224
Listing Info
- ID
- 2413866
- Listing Views
- 7
Attached DocumentsAttachment Disclaimer
Flyer - 736 West Cornhusker (Top Hat Tavern).pdf
Business Location
Listing ID: 2413866 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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