Joni Robinson
Lafayette, IN (USA)
Role(s):
Founder/Owner/Principal
The Biltmore Tap Room
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Startup
Location:
Lafayette
Industry:
Entertainment
Year Founded:
1979
Number Employees:
1-10 people
Description:
I am wanting to purchase a bar/tavern/pub. It includes the real estate, contents, inventory, and 3-way liquor license. The building and contents are worth about 65,000 and the 3-way license is worth from 125,000-150,000. The issue is that the previous owner did not file tax returns, therefore it is difficult to prove profitability. I have been in the industry before, I have done a proforma on the business and have found it to be easily profitable.