Rockland County NY Saloon

Asking Price$450,000

Cash Flow
$170,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$875,000

Inventory$4,500
Not included in asking price
FF&E$145,000
Included in asking price
Tavern RestaurantSave

Rockland County NY Saloon


Asking Price$450,000

Cash Flow
$170,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$875,000

Inventory$4,500
Not included in asking price
FF&E$145,000
Included in asking price

Seller Financing Available
Business Description
Active saloon and casual restaurant with live entertainment approval in a wonderful area of Pearl River, Rockland County New York. This business’ gross sales are approximately $1,200,000 representing 75% liquor and 25% food sales. $200,000 required as down payment. This Tavern is offering a rotating selection of the finest American craft beers available on draught and in cans. This popular Tavern is offering a rotating selection of the finest American craft beers available on draught and in cans. Be sure to check out our Beer Menus page for daily updates! The business has existed for many years and the owner is now retiring after much success. Training and owner financing is available and priced for a quick sale. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $145,000 which is based on the replacement cost of the original buildout, tangible & nontangible value. The accurate value of the assets will be identified during the allocation period. The sale consists of a fully equipped Pub Restaurant which includes a commercial kitchen, liquor license, refrigeration & freezer units, web site, various licenses, social media components, POS Avanna system, displays, shelving, tables, computers, cash registers, modern lavatories, fire suppression system including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity. Perspective buyers are required to execute a Non Circumvential Agreement.
About the Business
Years in Operation
33
Number of Employees
12
Facilities & Assets
The business is located on a commercial avenue with various other active retail businesses. This opportunity is in southern New York, Rockland County, which consists of various highly populated communities with continued demand for this type of food service. This is a long-standing business; the facility consists of approximately 2,000 square feet and has an old-style attractive appearance.
Market Outlook / Competition
Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Opportunities for Growth
Regarding growth and expansion, the business opportunity can be further expanded with a new operator by improving the local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$5,950.00 per month
Lease Expiration
11/1/2033
About the Sale
Seller Motivation
The purpose of this business transaction is due to the owner retirement from thi
Transition Support
Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the purchaser. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.
Financing Options
Seller financing is available to qualified buyer with appropriate down payment.
Listing Info
ID
2299606
Listing Views
1578

Contact Seller

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Business Listed by: Ron Cervelli Regal Consulting Corp.

Listing ID: 2299606 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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