Neighborhood Hotspot with Lottery!
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. Retirement Sale: The current seller is retiring, presenting a chance for a new owner to step in and continue the tavern’s legacy of success. 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
Lease
$5,000 NNN
Sq. Ft
2221
Lottery
Yes
Property
No
Lease Terms
$5000 triple net with a 4% annual increase for five years with one additional five-year option.
Down Payment
$125K
Building Type
Free Standing Building with 2221 Square Feet.
Lease Deposit
$10,000.
Real Property
Landlord will sell Real Property on contract!
Seller Status
off-premises owner.
Hours Of Operation
7:00 a.m. until 2:30 a.m. 365 days per year.
Lottery Net In 2024
approximately $242k
Lottery Net In 2025
approximately $228k
Lottery Net Through May 2026
$91k
Reason for Selling
Retirement Sale
Financials
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