Business Overview:
Pub & Restaurant located in Norfolk County with great location on a busy state route in the center of town; modern facility with full liquor & entertainment licenses. Currently run by absentee owner. This site has great growth potential and a history of strong sales. The space could also be demised to have a separate Bar and Restaurant business. The business and Real Estate are for sale. The Seller is also willing to sell the business alone and/or offer an option on the Real Estate. Asking Price: $175,000 for the Business or $750,000 the Business & Real Estate.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The space is approximately 3,700 square feet; the facility consists of a bar area with a long bar and a deck with 24 outdoor seats. The dinning room contains 80 seats and has a very functional layout. This building is ideal for a number of different concepts.
Real Estate:0.55 Acres Zoned for Restaurant/Bar use
Condition:The building and restaurant are in good condition and have been recently improved.
Parking: Private lots with plenty of parking
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: Five (5) year lease with two Five (5) year options.
Base Rent: $4,400 per month NNN
Concept: Pub & Restaurant
Seating: 100 seats inside with 24 patio seats outside (Capacity approximately 200 persons)
Hours: 11:30AM –1:00AM Tuesday-Sunday
Licenses: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
Sales: Approximately $511,000 per year.
Market Competition and Expansion:
Best Game in town.
Reason for Selling:
Other Interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.