Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price	$389,000	Inventory
Gross Income	Not Disclosed	Real Estate	$350,000*
Cash Flow	Not Disclosed	Year Established	80
FF&E	$10,000*	Employees	0

* included in the asking price

** not included in the asking price

Own a bit of history. A speakeasy during Prohibition, this Roadhouse Tavern has been in continuous operation since 1934 with present ownership retiring after 32 years. This is a great opportunity for an inspiring chef or family to open and operate a trendy up and coming restaurant. A fully functioning kitchen, active liquor license, great menu and steady clientele will provide the new owners everything necessary to walk into an immediately profitable business. Its reputation amongst both local residents and weekenders will provide the new owner with a loyal and diversified clientele. Potential for growth here is unlimited as there is plenty of space for the expansion and the influx of new ideas. The real estate includes an 1870, 5,000SF building with (2) two bedroom second floor apartments. These may be used either for additional rental income or as a very large owner residence providing great personal savings. There is also a 2500 sq ft unfinished attic. Another 4+/- acre residential parcel is right across the road. Support/Training: The Sellers will assist the new owners during the transition. Reason for Selling: The Sellers are retiring and feel the business needs new owners with new ideas. Unlimited Potential for Expansion and Growth: The current business and building should be transformed and upgraded into a comfortable restaurant/tavern combo that would appeal to both the locals and the large number of "weekenders" from New York City. Special Lunch menus, full dinners and some weekend entertainment should be added. There has always been a demand for take-out delivery for lunch and dinner items. This could easily be added to increase revenue. The menu needs to be expanded to include a selection of natural and organically grown foods in order to attract the large number of NYC and other weekend urban residents and tourists that come to the area every year.

Facilities: Available on 2 acres for $389,000 Available on 6 acres for $445,000 This historic Tavern and Restaurant has 2, two-bedroom apartments upstairs, and is located on Routwe 66, a well traveled road between Hudson and Chatham. A 4 acre residential building lot located directly across the street from the tavern is also offered, which is ideal for a private home or to grow organic crops for use in the restaurant/tavern.

Competition: None in the immediate area.

Growth/Expansion: Unlimited Potential for Expansion and Growth: The current business and building should be transformed and upgraded into a comfortable restaurant/tavern combo that would appeal to both the locals and the large number of "weekenders" from New York City. Special Lunch menus, full dinners and some weekend entertainment should be added. There has always been a demand for take-out delivery for lunch and dinner items. This could easily be added to increase revenue.

Seller Financing Available: Yes

Financing: Owners will finance with $100,000 down

Support/Training: Owner will assist in the transition

Reason Selling: Retiring