Seller's Contact Information
- RE: Irish Pub Owner Finance
- Contact: Customer Service
Quick Facts
| Asking Price: | $895,000 | |
| Annual Revenue: | $875,000 | |
| Net Profit: | $150 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 270,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1955 | |
| Employees: | 8 | |
| BBN Listing #: | 50643909 | |
| Broker Reference #: | BAR844 |
Business Overview:
Wonderful business opportunity for this successful Irish Pub Restaurant consisting of owner financing and can include the real estate. The business is fully upgraded and includes live entertainment approval. Located in wonderful area of Rockland County, New York, this long-established pub restaurant business was built in the 1950’s. The business has a solid reputation within the nearby communities and is somewhat of a landmark in this area of Rockland County. The business is known for its excellent food, wonderful service, and special atmosphere. The facility consists of a professional commercial kitchen, a full dining room with lots of available seating and a luxurious forty seat wood bar. The business generates a consistent yearly gross sale of $875,000 consisting of 40% liquor and 60% food sales and provides a stable net income to the operator. The owner is retiring after many successful years in the industry and is prepared to supply financing with 30% down payment to a qualified buyer. Based on the asking price, required down payment this business should supply a highly dependable return on investment to the owner operator prior to debt service.
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Property Features and Assets:
Potential opportunity for EB-5 US Visa Investor. Wonderful business opportunity for this successful Irish Pub Restaurant consisting of owner financing and can include the real estate. The business is fully upgraded and includes live entertainment approval. Located in wonderful area of Rockland County, New York, this long-established pub restaurant business was built in the 1950’s. The business has a solid reputation within the nearby communities and is somewhat of a landmark in this area of Rockland County. The business is known for its excellent food, wonderful service, and special atmosphere. The facility consists of a professional commercial kitchen, a full dining room with lots of available seating and a luxurious forty seat wood bar. The business generates a consistent yearly gross sale of $875,000 consisting of 40% liquor and 60% food sales and provides a stable net income to the operator. The owner is retiring after many successful years in the industry and is prepared to supply financing with 30% down payment to a qualified buyer. Based on the asking price, required down payment this business should supply a highly dependable return on investment to the owner operator prior to debt service.
Market Competition and Expansion:
The business has limited competition in the area and no other similar Irish Pub restaurant businesses are in this general area. The seller will supply a non-compete for any distance to the new operator.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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