Business Overview:
Opportunity to acquire a 2 location hometown favorite for 30 years! The brand is very strong with extremely loyal patronage. Quality food at great prices with both bar staples and healthier options which is unusual for a pub. Great staff includes seasoned management.
The landlord of the original location requires a restauranteur with strong financials to assign the lease. Will need a new lease. $900,000 leasehold improvements ARE included in the price.
The second (owned) location (now in its 14th year) worth $4M is included as well. Real estate is worth getting involved in.
Both locations include 4COP liquor licenses with a 4 am license in one location. Work to upgrade one location, perhaps even expand. You can jumpstart your Broward County Pub empire with this duo here!
The perfect buyer for this business has years of restaurant experience or currently owns other restaurants, understands how important a smooth transition will be to the devoted local long-time patrons who frequent both locations, and is enthusiastic about finding ways to fine-tune the already very well oiled machine with new ideas. Please refer to listing number 0101735436, business broker Andrew Cagnetta when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $28,000; Square Footage: 9,000; Building Type: 1 FS/ 1 Plaza;
Terms & Options: N/A Expiration Date: 12/31/2022
Market Competition and Expansion:
Non Compete : Miles: 1 Years: 2
Reason for Selling:
Other Business Interests/Retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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