Neighborhood Tavern for Sale

Albany County, NY

Neighborhood Tavern for Sale
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $70,000

Inventory: $5,000

Rent: $2,800 /Month

Established: 2011

Neighborhood Tavern for Sale

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Business Description

Neighborhood tavern

Great neighborhood tavern for sale. Lots of regular customers. Business has been growing every year. We have 10 tv's and are known as a sports bar. We have a pool table, dart board and quick draw (NYS Lottery). We are also known for having great wings and have a loyal following for Tuesday "wing nites"

Detailed Information

Location:
Albany County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased 2400 ft space in a strip mall with a full bar and kitchen. Much,of the equipment is new and bar was completely renovated 5 years ago. New floor and paint completed 2018. Located in a well populated area on route 20 with plenty of off street parking.
Competition:
There are not any other local taverns in the immediate area. The neighborhood is a nice community that is a mix of single family homes, apartments and duplexes. There are plans for another large apartment complex to be built nearby. We're a popular spot to meet with friends for drinks and food and we also do a good amount of take out and delivery through Door dash.
Growth & Expansion:
Gross revenue has increased every year. The area has really been growing and opportunitys with delivery company's have increased our food business as well
Support & Training:
Owner willing to work with buyer to complete a seemless transition. Established employees will most likely be looking to stay on with new owner.
Reason for Selling:
Owner moving on to a new adventure
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Business Listed By:
Maria North

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