Tavern With Real Estate
Location:
United States
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Arizona
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Navajo County
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Favorite local tavern and & entertainment establishment for sale on busy Rte. 66 (in town, corner lot location). Property and surrounding sidewalks/cit lighting have been extensively upgraded. Local economy has been healthy over last several years and has contributed to a steady increase in revenues which the seller states will likely continue in the future. Ample parking on-site and historical setting give this establishment real character and old west charm. The business was started in 1944 by the seller's family and was purchased by seller in 1991 who extensively renovated and enhanced the property since then. Downtown revival improvements by the city and the high-traffic location at at busy intersection with a stop light give the business substantial visibility and curb appeal. $475,000 includes Real Estate, Seller will carry for qualified buyer with $175,000 down. Real Estate valued at $300,000 included in sale price. Liquor License valued at $70,000 included in sale price. Email or call Jerry Crandall 928-445-1144.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$279,160
Cash Flow:
$54,304
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1944
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Seller will familiarize buyer for 30 days without pay (negotiable).
Reason For Selling: Seller has owned the tavern for many years and is ready to retire.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700100346
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