Opportunity to Purchase a Successful Pub with Entertainment

Wilmington, DE (New Castle County)

Opportunity to Purchase a Successful Pub with Entertainment

Asking Price:$180,000

Cash Flow:N/A

Gross Revenue:$385,254





Opportunity to Purchase a Successful Pub with Entertainment

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Business Description

This restaurant has had a number of owners over the last 30 years and it continues to be successful. An opportunity for a new operator to show his/her creativity in the kitchen and in the entertainment that is offered. The restaurant has been very charitable is sponsoring events for local not-for-profit organizations. There is a full alcohol beverage and Sunday license that can be transferred to a "qualified buyer". Complete a Patterson Woods nondisclosure agreement and information and location will be provided to you.

Attached Documents

Detailed Information

1 f/t; 9 p/t
Free standing building, ample parking in lot, shopping center across the street with parking. The restaurant was completely overhauled installing new equipment, air-conditioning/heat, new floor, lighting. Has a stage for weekly entertainment. The lease expires in February 2017 with an additional five-year option, rent is $3,700 including CAM. The establishment is open seven days a week from 11:00 to 1:00 AM.
Restaurant is located on a major highway with other restaurant and fast food operators in the area, none as unique as this pub with its loyal followers and faithful customers.
Growth & Expansion:
You may want to increase entertainment or add to the already successful growth.
Seller may offer to qualified buyer.
Support & Training:
Seller will train for period of time.
Reason for Selling:
Seller had a personal loss and wishes to retire.

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Mary Ann Heesters

Business Listed By:
Mary Ann Heesters

Patterson Woods Commercial Properties

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Sponsoring Broker:
Joseph Latina

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