Exclusive Belmont Shore gastro pub and bar with full liquor, patio and prime street location. The lively pub has a rustic décor, high ceilings, lots of natural light with an open feel. Serving farm fresh bites and 50 craft beers. Seats 57 inside and 20 outside with attractive wood tables, chairs, bar stools and bench seating. Bar features 8 beers on tap, POS system, walk in cooler, 2 hoods, 4 door beverage cooler, wine cooler, 3 door fridge, 2 door freezer, single freezer, ice maker, 6 burner stove/oven, 4 burner stove top, 4 ft prep station, 4 ft. grill, refrigerated chef's drawers, 3 compartment food warmer, 6 ft refrigerated prep station, 2 double fryers, microwave, robot coup, 2 toasters, salamander dishwasher, New ABC licenses are no longer being issued in this area so this is a great opportunity for one lucky buyer. Upstairs office and storage area. Back door deliveries and parking. 4.2 Stars on Trip Advisor and Yelp. ABSENTEE SELLER. THIS IS AN ASSET SALE. City does not allow new ABC type 47 licenses in Belmont Shore, so take advantage of this one!

General Info

  • OrganizationContact For Info
  • Established2011
  • Current OwnerContact For Info
  • Employees29
  • Reason For SaleOther Interests

Facilities

  • Seating54
  • Square Feet2000
  • ParkingStreet
  • LicensesABC, Health Dept, Business License
  • Open HoursMon-Fri 11:30-11pm Sat 9:30am-11pm, Sun 9:30am to close

Lease

  • Rent$9,866 plus cams
  • Expirationnegotiating new 3 year lease and option
  • Yearly IncreaseContact For Info
  • OptionYes
  • Deposityes

Financials

  • Monthly Revenue$85,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,020,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location