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Business For Sale

PUB / RESTAURANT

Attn: Not Available
Litchfield County, CT, USA
Listing #: 866322744
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Asking Price: $179,950 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Retirement
Year Established: 1977
# of Employees: 1 Full Time / 9 Part Time
Yearly Revenues: $472,000
 

Business for Sale Overview:

Well established Pub/Restaurant with consistent sales and growth is on track in 2008 at $9,000 per week. Seats 60 inside with a great outdoor facility to accommodate large groups for parties. Multiple profit centers with high margin beverage sales over 50% of total revenue. Fixed expenses including rent, utilities and insurance are in the 15% of sales range. A great Pub Menu with Burgers, Appetizers, Salads and Wraps. Additional game vending income and support for multiple "sport teams" drives incremental income. Fully equipped kitchen facility, walk in refrigeration and freezer, plenty of storage with separate entrance for deliveries. Located in a very busy commercial area with high traffic volume. This Pub has it all! A tremendous value.


Property Features and Assets:

Fully equipped bar, kitchen, state of the art security monitoring and accounting system. Over $40,000 of Furniture, Fixtures, & Equipment included in sale.


Market Competition and Expansion:

A owner operator can expand business with a "hands on approach" to managing the day to day operation. Current owner has not had time to concentrate on the business and has only been involved in the business on a "part time basis". A family operation could greatly increase business and profitability.


Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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