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Business for Sale Summary

Tavern Assets for Sale in Massachusetts - 36347

Business Type: must sell/drastic price reduction!,other eating & drinking places,bar/tavern/night clubs
Tavern Assets for Sale in Massachusetts
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Financial Information (non-confidential)

General Information
Asking Price $129,000 Down Payment $129,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$129,000 Down and

Business Description

This tavern is located on a very busy road in Hampden County, Massachusetts. The seller has all the applicable licenses in place: food, liquor, and lotto. The total seating capacity is up to 60 people. Liquor inside can be served until 1 am, with a 20 person capacity at the bar. The facility also has a patio for additional outdoor seating. A new owner could add hookah outside. The tavern parking lot can fit approximately 20 cars. Kitchen is fully functional and ready to go with all of the proper equipment. There is also a fountain machine, beer cooler, soda machine, and ice maker. There are 2 bathrooms, a small office, and storage area with a basement. The tavern was completely renovated about 3 years ago, with the previous owner spending over $70k to do the renovations. The tavern has been closed for about 2 months after the previous owner passed away. The business was thriving prior to the owners passing and can blossom again under new ownership. The rent to the present owner will be $2,500 per month which is a bargain for a 2,000 st ft building. The value of the licenses alone is well over 6 figures. As a bonus, the seller is wiling to provide new flooring. The walls have already been painted and the equipment is all in good and working condition. Don't let this opportunity pass you by! To learn more, please contact the broker Amit Desai at 860-680-4371.

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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.