Tavern

Ref ID: 0801SOLD

Industry
Sold Listings

Financial Information

Asking Price: $ 625,000
Annual Receipts: $ 1,400,000
Cash Flow:
Sellers Discretionary Earnings		 $ 300,000
FF&E (Included): $ 75,000
Inventory (Included): $ 18,000
Real Estate Available: No
Value of Real Estate: Not Available

Business Summary
Located in a busy North Georgia tourist town. This established tavern draws a significant tourist business throughout most of the year. They have one of the best scenic locations with premium seating outside for 100 and inside for another 100. The kitchen has been updated recently. Additional revenue is also generated from several video games and a pool table and an ATM. Thewy are well known for excellent live entertainment and dancing.

Facilities 6000 square foot well decorated tavern.

General Information

Reason For Sale: Other business interests
Franchise: No
Homebased: No
Relocatable: No
Year Established: 1993
Year Acquired: 1993
Employees: 40 FT - 14 PT

For more information, please contact:
Sunbelt Atlanta
Ray Boreham, CBI
Phone: 770-936-9099
Fax: 770-936-0405
rboreham@sunbeltatlanta.com

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