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Business For Sale
IRISH PUB EARNS 6 FIGURES - FINANCE UP TO 70% FOR
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Asking Price: |
$349,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Owner is buying new upscale restaurant |
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Year Established:
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1995 |
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# of Employees:
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7 |
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Yearly Revenues:
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$895,000 |
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Yearly Net Profit:
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$180,000 |
Business for Sale Overview:
This Irish Pub has it all! Watch your favorite sporting event on one of the 32 TV’s (2 are Plasma’s and one is a HUGE 102 inch projection TV) or test your skills on Pool, Darts, Foosball, or Shuffleboard. There is something for every sports enthusiast. If you are looking for a social environment they offer Team Trivia, Texas Hold’em Poker, or live music. It’s always a Party! Irish Pub serves up classic bar food in a jumping atmosphere that turns a nice profit. Huge Burgers and Jumbo Wings -- a complete menu with many tempting choices. Stable kitchen team will transition in the sale. Owner works part time and generates a nice income. Great location is well established in the midst of high income demographics and has a very loyal following that generates sales in excess of $895,000 a year. 4000 square foot space is well equipped with everything needed for a first class Irish Pub operation. FINANCIALS: Perfect books and records prepared by CPA validate sales of nearly $900,000 and benefit to the owner in excess of $185,000. Lender (NON-SBA) has approved this business for a loan with 30% down to a qualified buyer. The lender wants experienced restaurant operators and 30% down to qualify for the loan. PRICE: $349,000 CONTACT: Eric Gagnon 404-593-4193 - Listing # E4400 or email eric@wesellrestaurants.com
Property Features and Assets:
FEATURES: Large bar is a favorite gathering spot to watch your favorite game. Large selection on tap and lots of choice in bottles. Fully equipped kitchen with grease trap, hood, coolers and equipment to handle the loyal locals that keep on coming back for more. Audio visual system.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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