Irish Pub - 4,000 miles south of Dublin

Billings, MT (Yellowstone County)

"Montana - The Last Best Place"
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Asking Price: Get Financing: $700,000

Cash Flow: N/A

Gross Revenue: $1,104,392

EBITDA: N/A

FF&E: $700,000

Inventory: $14,800*

Lease Rate: N/A /SF

Established: 1983

*not included in asking price.

Irish Pub - 4,000 miles south of Dublin

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Business Description

Irish Pub under the same ownership for the past 33 years, located in the heart of Montana's largest city, Billings which is the commerce center for the state. The price includes the Business, the Real Estate, all Furniture, Fixtures and Equipment and a City of Billings All Beverage License with Gaming.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
20 plus
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is an Irish Pub occupying a 7,000 sq. ft. building on a 7,000 sq. ft. lot in an revitalized area of the Central Business District of Billings, MT. The building is brick, built in 1915 and is occupied by the three income sources of the business: 1) Pug Mahon's Bar/Restaurant, 2) Father Guido's Brick Oven Pizza and The Bookie Bar/Casino. The business has evolved since it's opening in 1983. The business includes a Billings All Beverage License with Gaming. These licenses are unique to Montana and allow the owner to have 20 electronic gaming machines. In Billings, these licenses are currently valued at $650,000 to $700,000.
Competition:
Competition is tough in Billings. That is the reason that Pug's has survived and prospered through the years. They feature signature items on the menu such as their "pork chop sandwich," Irish dishes and Father Guido's Brick Oven Pizza. The area around the business has been growing with the addition of two micro brews (neither with food) and an Art House Cinema and Pub, all within a half block from Pug's.
Growth & Expansion:
The owner says that the two biggest areas for expansion and growth would be with the Pizza and with the Casino. He feels that both areas of the business could be grown, but he is going to leave that to the next owner.
Financing:
Possibly
Support & Training:
Support and training is available for any buyer requesting it. One of the advantages of this business is the seasoned staff, some of which have been with the business for over 20 years. The business operates very smoothly and the transition to a new buyer will be enhanced by the high quality experienced staff.
Reason for Selling:
The owner has had the business for 33 years and is ready to travel.
Business Website:
http://www.pugmahons.com
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Chuck Platt

Business Listed By:
Chuck Platt

Diamond Real Estate

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