Fully equipped Bar Pub

New London County, CT

Fully equipped Bar Pub

Asking Price:$129,000

Cash Flow:N/A

Gross Revenue:$451,637





*not included in asking price.

Fully equipped Bar Pub

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Business Description

This is an excellent situation for an individual and or a family to have ownership in an on going bar/pub situation in an affluent shoreline town, for a relatively low entry cost. The existing bar /pup has been in operation for 23 years, the last 5 years with an absentee owner. A hands on operator with experience in the business could easily bring it back to life. Fully equipped, great parking and beautiful Town.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
3900 sq ft facility,fully equipped and ready to go in turn key situation, large bar and seating for 200 people in two rooms and an outside patio with 30 seats. 5 year lease with 5 year option. Current rent $3565/month. parking for 100 cars.
This bar has been in business for 23 years with and has a great local following and the best parking situation in the area. annual sales are $450,000
Growth & Expansion:
Advertising is needed for this situation!~
Support & Training:
Seller will provide training and consulting for 30 days, 15 on premises and 15 by telephone, all at Sellers expense.
Reason for Selling:
absentee owner retiring

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John A. Russo Jr.

Business Listed By:
John A. Russo Jr.

Just Restaurants

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