This Neighborhood Pub is a totally turnkey business opportunity, with a 47 Full Liquor License. Bar is approx. 2312sf + large patio. The patio is framed to be covered for the winter months, to maintain undisturbed usage through the whole year. The Pub has a pool table and a dart room to experience a full British pub feel. 5 large tv screens ensure that all guests have a good view on every game night.   Gross Lease $5000/Mo w/ 5-yr Term + two 5-yr Option with 3% annual increase. The restaurant has a well-maintained, well-equipped kitchen. A large walk in, a 10 ft, type 1 hood, with fire suppression system, 4 burner stoves, a commercial griddle, 2 double fryers and many more. The bar is specious, welcoming with 12 beers on tap with fire suppression system. The Pub is easily operated by minimum staff. Right now, it is semi absentee run by the current owner.  Please complete the 'Non-Disclosure Agreement' on our website and we will send you the historic financial information, current lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationSole Proprietorship
  • Established2015
  • Current Owner2022
  • Employees2
  • Reason For SaleOther Interests

Facilities

  • Seating40
  • Square Feet2,312
  • Parking9 + street parking
  • LicensesHealth Permit, ABC Type 47 License, Local Business Permit
  • Open HoursSun - Thu 3pm to 11pm, Fri to Sat 3pm to 1am

Lease

  • Rent$5,000
  • Expiration2027
  • Yearly Increase3%
  • Option2 x 5 Years
  • Deposit$5,000

Financials

  • Monthly Revenue$18,924
  • Monthly Cash FlowContact for Info
  • Annual Revenue$227,095
  • Annual Cash FlowContact For Info
  • Payroll$3,513

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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.

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