Bar & Tavern with Property for Sale in Cayuga Cou - 29018 Business Type: restaurant/ cafes/ diners,business with property available,owner financing available,bar/tavern/night clubs
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $155,000 | Down Payment | $100,000 |
| Gross Revenues | $388,664 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $58,352 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and $55K over 5 yrs. @ 6%.
Business Description
Awesome Bar & Tavern with Property. Get out of the rat race downstate and move the finger lakes! This is the ideal opportunity. Here you have a beautiful 2,000 sq. ft. tavern and restaurant with a full kitchen, room for live entertainment and an 18 tap bar.
Indoor occupancy for 80, plus an outdoor deck seating another 40. This is more of a casual dining experience for families but also offering dart and pool teams.
The space also has upstairs storage and a basement. In fact, you can live on site if you wanted to. In the last year, gross sales were approx. $400,000.00 with a net cash flow of approx. $58,352 (with a payroll add back for an owner /operator).
The property is also available for an additional $199K through PMTG Realty. PROPERTY TAXES ARE ONLY $5K/YR. You do not have to purchase the property. The owner will offer a lease.
We are seeking a serious and financially qualified buyer with at least $100K to cover the downpayment on the business. If you meet the criteria, please call 1-877-735-5224.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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