Seize the opportunity to own Peterson's Tavern, a beloved fixture in Downtown Binghamton, NY, known for its inviting atmosphere. Established for years, this bar and restaurant is a staple in the local community, offering a mix of traditional charm and modern amenities.

LOCATION LOCATION LOCATION:
Located right on the Corner of Front & Main St
The location is unparalleled, situated in the heart of a bustling college town, presenting an untapped market of students passing by daily. With the right marketing strategy and student-focused events, the potential for growth is immense. The tavern comes fully equipped, Full Kitchen capable of cooking just about anything, a well-stocked bar with a wide selection of brews and spirits, and a dining area that exudes comfort and style and a full downstairs prep storage area.

Basement: (1,400sq ft)
- Poured Concrete
- Prep Area
- Walk in Coolers
- Freezers
- Glycol Tap System

1st Floor:
- 1,400sq ft Interior w. Kitchen
- 1,100sq ft patio

2nd Floor Optional Lease:
- 1,400sq ft open floor plan perfect for events

This is more than a business sale; it's an invitation to continue a legacy while injecting new energy to skyrocket profits. The current owners have laid a strong foundation, with a loyal customer base and a reputation for quality service. New ownership can leverage these strengths while exploring new revenue streams such as catering to university events, implementing student discounts, or modernizing the space to cater to evolving tastes.

Included in the sale are all assets, from kitchen equipment to furniture, along with a transfer of the liquor license subject to state regulations. Support and training will be provided to ensure a smooth transition.

- Located in the heart of Binghamton's bustling downtown, a hub of student activity.
- Neighbor to Thai Time restaurant, Despinas and Yams creating a culinary hotspot
- Across the Street from the Red Jug Pub, offering potential for cross-promotion and shared clientele.
- Constant foot traffic from the college population provides a steady stream of potential customers.
- The expansive 1,100 sq ft outdoor deck is a unique feature that allows for seasonal outdoor events and dining.
- A well-organized basement prep area enhances kitchen efficiency.
- Multiple walk-in coolers offer optimal storage solutions to maintain a diverse menu and stock variety.
- A state-of-the-art 6-tap keg glycol system that efficiently feeds from the basement, ensuring a variety of fresh, cold brews are on tap at all times.
- Revamped gated parking (40-50) car parking lot directly across the street will be open in spring 2024.
- Strong local reputation with exceptional customer reviews emphasizing the atmosphere, event space, and quality offerings.
- A staple in the local nightlife scene with a loyal customer base and high ratings for food and service.
- Hundreds of positive reviews online
- Perfect spot for private parties and/or quality nights out!
- An established business with a solid operational foundation, making it a turnkey investment opportunity.
- Future growth potential by tapping into the nearby college market with targeted promotions and events.
- No permanent employees (Can rehire as you please)

Note: Due to Covid our Gross Revenue numbers have been a wide range from years of not operating every day. Can provide full numbers and clarity on request. Also it should be noted that if a pivot were to happen to focus on the college crowd and less on food. The Gross Revenue would likely be a few multiples higher.

Don't miss out on this rare chance to own a piece of Binghamton's nightlife. Peterson's Tavern is more than a business—it's a community hub waiting for your vision to take it to new heights.

Listed By: Omar Kettani