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Awesome Bar And Tavern In Cayuga County For Sale

Cayuga County, New York, US
Asking Price:
$155,000 (USD)
Sales Revenue:
$388,664 (USD)
Cash Flow:
$58,352 (USD)

Awesome Bar & Tavern with Property. Get out of the rat race downstate and move the 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 and 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 addback for an owner /operator). The property is also available for an additional $199K. 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.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement/Other business.

Employees:
10
Years established:
2008

Other Information

Support & training:

The seller will train the new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

100,000.00 Down & $55K over 5 yrs. @ 6%.

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$10,000 (USD)

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