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Businesses For Sale   >>   Bars and Pubs Businesses For Sale

Picturesque Tavern With Great Cash Flow

Location  Massachusetts,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1406000
Net Profit / Cash Flow  $294540
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned

Description  
Tremendous Opportunity to purchase a very profitable Tavern with valuable, positive cash flow Real Estate. This long established Tavern is located in a very picturesque town in the Berkshires. Easily the most popular place in the bustling downtown area offering a perfect place to eat, drink, watch the game and have fun. The Tavern has been completely renovated and is in excellent condition. The business itself is netting more than $294,540 per year and sales have continued to grow over the past five years in spite of the bad economy. The Real Estate is valued at for $1,300,000. and has gross rental incomes of $9,700 - 11,500 per month. This is truly a gem that is a must see. Asking $1,849,000 for the Business & Real Estate. FACILITY: The building is approximately $7,200 square feet. The Tavern has seating for 70 persons inside and 46 persons outside. The Tavern has been completely renovated and is ''turn-key.'' REAL ESTATE: The Real Estate is valued at $1,300,000. The structure consists of two commercial and four residential units with gross rental income of $9,700 - 11,500 in rent per month. PARKING: On-street parking available EQUIPMENT: The equipment is brand new, top of the line and has been maintained. BASE RENT: $8500. Per month NNN (Current rent the operator is paying himself, this is well below market) CONCEPT: Tavern & Restaurant SEATING: There is seating for 70 patrons inside and 46 plus seats outside HOURS: Open from 7:00 AM - 1:00 AM LICENSES: Full Liquor & Entertainment licenses 1:00 AM SALES: Approximately $1,406,000 (45% liquor) CASH FLOW: Approximately $294,540 per year for the business alone ASKING PRICE: $1,849,000 for the Business & Real Estate


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