Rohrer's Tavern For Sale

Business description

This long established (66 years) tavern and restaurant is very well known for a special menu item. A quaint, cozy establishment, it was recently remodeled. The business is currently owned by four partners with no restaurant experience. They’ve done a good job building the sales, but have not been able to increase the bottom line. This is an ideal opportunity for an experienced operator. The real estate may be purchased or leased. The building includes an apartment that rents for $500/month.

INVESTMENT HIGHLIGHTS:
• Business established 66 years
• Seats 16 at the bar; 99 in two dining areas
• D5, D6 liquor license
• Lots of atmosphere; recently remodeled
• Loyal customers
• Turnaround opportunity – cost of sales too high at 48.9%

Property information

Real Estate:

Real Property Included

Lease terms:

The real estate is offered for sale at $325,000, or on a triple-net leased basis at $3,500/month.

Other information

Furniture / Fixtures value:

$92,500

Inventory / Stock value:

$8,500

Contact the seller