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The Wall Street Journal Online

Irish Pub...Very Profitable...Just Reduced!

Rockland County, Ny, New York (Rockland County)

Seller Financing Available

Photo Available
Asking Price:
$299,000
Gross Income:
$675,000
Cash Flow:
$228,000
EBITDA:
$228,000
FF&E:
$350,000.00 *
Inventory:
$10,000.00 *
Real Estate:
N/A
Year Established:
2009
Employees:
25
Business Types:
Bars/Taverns
Restaurants

* included in the asking price

Business Description

This is an Irish Pub with some old world and some new world charm. Very nicely pointed. Great location and facility. Plenty of parking right outside the doors. Located in a busy shopping center in Rockland County New York. The place is kept like new. Sales increase every year. They have been open for 3 years and business is still growing. It is a great value at it's listed price. The buildout was 50% higher than the asking price. There is 1,500 square feet that maximizes seating yet is open and airy. An excellent start up for a new "want to be" bar owner or a great second or "add-on" location for someone already in the busiess. Great food menu that is serviced by a well designed kitchen. A real opportunity for the right buyer! Great lease 7 years left on the original 10 year lease. A "must see" that will become a "must have"!

Detailed Information

Facilities:
7 years remainging on a 10 year lease with a 5 year option. Located in a busy shopping center with plenty of parking right outside the doors. Well designed and laid out. Maximum seating yet open and airy. Great warm feeling once inside. Full kitchen....everything bought new when opened. Place looks like new and is kept very clean.
Competition:
Best attraction in the area.
Growth/Expansion:
More catering? Larger menu? No need to change....place is growing!
Financing:
One thrid financing available to qualified buyers
Support/Training:
4 weeks transition to the new owner(s).
Reason Selling:
Too many owners.
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Vince Basso
Basso Associates, LLC

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Ad#: 664900

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