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- RE: A Real Gift Tavern Opportunity
- Contact: Shawn Charles
Quick Facts
Asking Price: | $50,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $175,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 952798 | |
Broker Reference #: | RIVER |
Business Overview:
A very unique opportunity to buy an incredible tavern in a proven money making AAA location and own it for practically nothing, already doing $4,000 a week in liquor sales closing at 9:00 every day, bars start to get busy at 9:00 especially in the proximity of Quinnipiac. The bonus is the renowned Wooster St Pizza and Italian food doing huge business he wants to concentrate on to go and delivery, wants to transfer on premise dining and tavern business. The big bonus is he will continue to let you serve his food and pay 15% of whatever you sell to new tavern owner and of course all liquor sales. To get 15% net profit with no food, payroll, or utility cost is huge. The previous tavern with a long history grossed $600,000 without food, now you will have lunch, dinner and just stay open after 9:00 to really cash in. 1,800 square feet of potential, 40 rewarding Seats, 20 budding bar stools, a mere $4,000 rent, incredible 35 seat just renovated riverside patio, ample parking. It will be a long time if ever you see an opportunity like this for a price like this. Nothing but huge upside potential. THIS IS AS GOOD AS IT GETS!
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Market Competition and Expansion:
Competition: This was a well-known tavern for decades.
Growth & Expansion: The tavern stops serving at 9:00 just when bars start to get busy staying open later will be a game changer.
Reason for Selling:
Changing Business ModelAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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