Business Overview:
FINANCING IN PLACE - ONLY 10% DOWN NEEDED, LENDER PRE-QUALIFIED - This Pub/Restaurant is making over $257,000! Put down $44,500 (10%) to purchase this business and after debt service for first year you will make $205,906!! You will get your down deposit back in 2.5 months!!
This Full Bar and Casual Dining with great food has 75 seats in the bar area and 25 seats in the dining area. This is a very well known hot spot with a great atmosphere in Bucks County. There is a strong following with regular customers and locals that come weekly. This Bucks County gem is in a shopping center with plenty of parking and reliable well trained staff. They also offer take out to their customers. This is a great business for a hands on owner with financing already in place for a buyer. This business comes with the liquor licenses which is valued over $400,000 just for the license itself!
NOTE: First 3 weeks in January 2021 closed because of COVID. Opened under restrictions until July with 50% occupancy & spacing for seating. In September sales were back up to normal for rest of year since they were back to 100% occupancy.....and they still closed the year out in 2021 with a net income of $175,000!!
NOTE :Property is being offered for $930,000 through KW Williams Realty and must be purchased with the Business.
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Property Features and Assets:
Assets = $230,000.
Reason for Selling:
Other Interests.
Additional Details:
- The property is owned.
- The owner is not 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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