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Accommodation & Food Services

Established Local Tavern with Lottery & Property!

Lane County, KS, USA
Updated 1 day ago
Established 1994

Local Tavern for Sale: A 30-Year Legacy in the Community Discover an incredible opportunity to own a well-established tavern that has been a beloved fixture in the community for over 30 years. This profitable establishment boasts a team of long-term, dedicated staff who are committed to providing exceptional service and creating a welcoming atmosphere for patrons. Key Highlights: Proven Success: Enjoy a thriving business with a loyal customer base, aided by six lottery machines that generate additional revenue. Full Liquor License: With a complete liquor license, you can offer a wide range of beverages to enhance the dining and drinking experience. Location is licensed for outside service as well. Inviting Outdoor Seating: Take advantage of an attractive outdoor enclosed seating area, perfect for patrons looking to enjoy their meals and drinks in a relaxed and inviting atmosphere. This tavern is well-known for its great food and exceptional staff, making it a beloved gathering place in the community. The possibilities are endless for someone ready to take over this successful business. Don’t miss out on this unique opportunity to own a piece of local history!

Olcc

FOP

Sq. Ft

2221

Lottery

Yes

Lot Size

.24 Acres with a Lot Size SF of 10,454 Square Feet

Property

Included

Seller Type

off-premises owner

Down Payment

$350K

Building Type

Free Standing Building with 2221 Square Feet

Lottery Net 2024

approximately $242k

Lottery Net 2025

approximately $228k

Hours Of Operation

7:00 a.m. until 2:30 a.m. 365 days per year

Seller Financing Terms

$350k down for 10 years at 7.5% NO SBA Loans

Lottery Net Through May 2026

$91k

Reason for Selling

Retirement Sale: The current seller is retiring

Financials

Asking Price
$1.2M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Yes

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