Hungry Bear Pub & Grill

Bradford, VT (Orange County)

Hungry Bear Pub & Grill
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Asking Price: Get Financing: $450,000

Cash Flow: $155,000

Gross Revenue: $870,000

EBITDA: N/A

FF&E: $25,000

Inventory: $10,000*

Real Estate: $250,000

Established: 1971

*not included in asking price.

Hungry Bear Pub & Grill

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Business Description

No Culinary Experience Necessary – Earn in excess of $155K in Cash Flow

This well established restaurant has been locally owned and operated for over 45 years. Offering a casual, affordable menu in a warm, friendly atmosphere, the restaurant has become a staple in the local community. While a meaningful percentage of the restaurants customers live or work in the immediate area, the restaurant attracts guests from other areas in New England, upstate New York and Canada. Located just off Interstate 91 the restaurant is ideally positioned to attract tourists. The business has proven its success and has consistently provided a meaningful cash flow for its owners.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,200
Employees:
19 PT/4 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates out of a 2,200 square foot stand alone building. The building is owned by the current owners and will be included in the sale of the business. Other fixed assets include kitchen equipment and furniture and fixtures.
Competition:
This is a reputable, well established business with a strong customer following among residents, businesses and tourists.
Growth & Expansion:
There is meaningful potential to grow revenue through more active marketing, promoting the business by hosting special events, and providing catering services for local events.
Financing:
To be negotiated
Support & Training:
Sellers will assist in the transition and train new owners as well as enter in to a non-competition agreement.
Reason for Selling:
The business is being offered for sale as the owners are approaching retirement.
Business Website:
http://hungrybearpubandgrill.com/
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Country Business Inc.

Business Listed By:
Administrative Manager

Country Business, Inc.

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