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Accommodation & Food Services

Neighborhood Hotspot with Lottery!

Lane County, KS, USA
Updated 1 day ago

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

Asking Price
$375K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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