Property Details

Long-Standing Genesee County Village Tavern with Property - Genesee County

Property ID : SPL25.425

For Sale, Real Estate $249,000.00 - Bar/Lounge

DESCRIPTION:

  • A Popular long-standing Village Tavern located off a major highway in Genesee County
  • It has been operating since 1976 with current owner since 1995
  • It has a very loyal Clientele and is open daily 11 AM to 2 AM
  • Current sales are about $4,000-$5,000 a week
  • No food is served, but there is a kitchen that can be operatable
  • New roof and other capital improvements to the building totaling $ 40,000 were done in 2020
  • There is plenty of off-street parking available

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):

  • Furniture, Fixtures, and Equipment at a fair market installed value of $ 20,000
  • Inventory at cost of $ 5,000
  • Real Estate at a Fair Market Value of $ 100,000 

SALE ARRANGEMENTS:

  • Asking price for Business and Property together is $ 249,000
  • Seller will offer financing to a qualified buyer with at least 25% down for up to 5 years

REPORTED SALES: 

       2020      2019  
SALES $107,939 $ 227,384

 

COMMENTS:

An ideal owner /operator bar/tavern business opportunity. The current owner is looking to retire after 26 years.

They have never taken credit cards so reported sales are cash only. Improvement’s done on the

building in 2020 includes a new roof, all new electric, new compressors for coolers, new heat pump, and water heater, and a new façade for the front of the building.

Agent Stuart Levy

  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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