Description

Business description

An authentic Bar Tavern & Restaurant offered with the real estate property and located in Rockland County, New York. This long established restaurant facility was built in 1950 and was recently renovated for a modern décor, yet it still maintains its authentic cozy image including burgundy painted woodwork and old fashioned tables & chairs. The business boasts an excellent reputation within the nearby communities and is somewhat of a landmark in this prime area of Rockland County. The facility consists of a large, commercial kitchen, a full Dining room with ample seating capacity, and a luxurious Bar for additional lounging. The business generates outstanding yearly gross sales of $625,000 and provides a stable net income for the owner. The seller is retiring and has elected to sell the entire package including the business, liquor license and real estate property. Please contact our office for further details.

Property information

Real Estate:
Lease

Location:
Located in the heart of Rockland County, New York and in a high traffic, commercial area with lots of drive by traffic and daily workers. The entire property consists of 6,750 square feet which includes a 2,250 square foot Restaurant Pub, a full basement and 3 additional apartments above. The seller has elected to sell the entire package including liquor license and real estate property. The real estate purchase is available through our real estate division.

Size in square feet:
6,750

Business Operation

Expansion potential:
With new management and an updated marketing plan this business can be further developed.

Competition / Market:
Due to the location and general offering, no similar competitors exist in this particular area.

Reasons for selling:
Retirement after many years.

Trading hours:
Monday thru Sunday
11:00 am to 1:00 am

Employees:
6

Years established:
60

Other information

Support & training:
Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.

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

Financing available:
Financing is pre-approved for a qualified purchaser.

Furniture / Fixtures value:
$285,000 (included in the asking price)

Inventory / Stock value:
$8,000