Bar and Grill with 12 studio apts, $166K NOI, absentee! - Business for Sale
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Bar and Grill with 12 Studio Apartments in Tompkins County, NY
NY, US
Added 1 month ago
Bar and Grill with Studio Apartments
182 years in business
Absentee / Semi-Absentee
Bar and grill with a full-service restaurant and bar, plus 12 fully occupied studio apartments above, located in Tompkins County, NY.
Key Information
Asking
$250K
Revenue
$900K
Earnings
$100K
Multiple
2.5x
Key Highlights
- Net operating income (NOI) is $166,000
- Business established in 1844; current owner since 1986
- Includes 12 studio apartment units above the restaurant, 100% occupied
- Full-service bar and dining operation with existing liquor license
- Real estate purchase available for $1,675,000
Contact Info
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