Restaurant - Bar and Grill, commercial real estate available - Business for Sale
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Bar and Grill with Real Estate Option in Tompkins County, NY
NY, US
Added 8 days ago
Restaurant and Bar
182 years in business
Absentee / Semi-Absentee
A well-established bar and grill with a full-service restaurant and bar, located in Tompkins County, NY, offering an option to purchase commercial real estate with 12 fully occupied studio units above the business.
Key Information
Asking
$250K
Revenue
$900K
Earnings
$100K
Multiple
2.5x
Key Highlights
- Business established in 1844; current owner since 1986
- Located in Tompkins County, NY
- Includes a full-service bar and dining operation with existing liquor license
- 12 studio units above the restaurant are 100% occupied
- Option to purchase real estate with NOI of $166,000 for $1,675,000
Contact Info
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