Investment Highlights
Executive Summary
Route 78 W to exit 7 Route 173 W to the Warrenside Tavern, on the right - just west of Bloomsbury. Founded in 1925, as "Tea Room" from which barbeque and hot dog stands existed - the provenance now extends to multigenerational ownership with over 90% recurring business. Three generations of dinners, a banquet room, and the hidden gem ratskeller in our basement seats over 45, which can be be used as a lounge or brew bar to generate additional income. The current business operates Thursday - Sunday, serving roughly 300 meals a day generating a daily income of $8,000 but there is a chance to earn more with the use of the ratskeller. The capacity is approx. 200 people for the entire structure. Class C building. New $300K septic system and major renovations on the upper and lower level. 33 liquor license allows sale of package goods while serving adult beverages throughout the establishment. Lastly, there is a parking lot easement in place to allow gravel and paved parking onsite. Group tours will be available Monday or Tuesday of each week. Call Jack to schedule a viewing!
