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Bar/Restaurant/Pool Hall with or without property

Delaware (New Castle County)

Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price $180,000 Inventory $5,200** 
Gross Income $325,043 Real Estate $1,000,000** 
Cash Flow $67,325 Year Established 1930
FF&E $75,000* Employees 7 ft, 4 pt

* included in the asking price

** not included in the asking price

Business is available with or without the property. Well established and profitable tavern / bar / restaurant open continuously since the 1930 s. Same owner since 1981. Full kitchen, full bar, dance floor, DJ booth, big screen TVs and plenty of pool tables. This is a fun place during the week as well as on the weekends. Friday and Saturday feature a DJ for those who love to dance and World Tour Poker from 7pm-11pm for those who love to play cards. Don t forget about the Big Screen TVs for all your sports, and there are plenty of pool tables for those who love to play. Besides the $67,253 in net profit from the business, the property produces a rental income from 2 apartments totaling $25,200/year making a total net profit from the business and the property of $92,453/year. For more information, please contact listing agent. Turnkey operation and proven successful. All prospective buyers will be asked to sign a confidentiality agreement, no exceptions.

Facilities: The property is a well known destination with a solid reputation and plenty of return customers. Full kitchen including char-grill, grill, deep fryer, reach in freezers, sandwich station, sinks, and everything else that belongs in a commercial kitchen. Full bar including a 2 year old Perlick system draft system (the Cadillac of tap systems), reach in refrigerators, mugs, cups and other bar paraphernalia. DJ station with 4 thumping speakers. Big and small screen TVs. Plenty of pool tables, chairs, tables, etc.

Competition: What you see is what you get. The profits speak for themselves.

Growth/Expansion: Current owner does not advertise or promote the business. Some advertisement and promotion will produce additional profits.

Seller Financing Available: Yes

Financing: Seller is willing to hold a note for a qualified buyer

Support/Training: Seller will train new owner for a period to allow for a smooth transition.

Reason Selling: Seller is ready to retire. He owned this establishment since 1981

Business For Sale By

Mitri S. Habash

302-218-3025

Amato Associates

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