Irish Sports Bar with Real Estate – with Development Opportunity

Providence County, RI

Irish Sports Bar with Real Estate – with Development Opportunity
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Asking Price: Get Financing: $3,000,000

Cash Flow: $375,000

Gross Revenue: $2,566,694

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Irish Sports Bar with Real Estate – with Development Opportunity

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Business Description

Premium Irish Sports Pub finely crafted and rich in wood & stone work. This attention to detail is seen, felt and tasted throughout your experience. This profitable business continues to grow it sales every month. This intersection has a traffic count of 55,000 cars per day. The owner is willing to sell both the business and real estate or sell the real estate and continue to lease and operate the business. The seller also owns the majority of the adjacent property with rental income and exceptional development opportunity. These are single story buildings that can be built to 40 feet.

PARKING: Private parking lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is
of good quality.
LEASE TERM: Real estate is included in the sale.
BASE RENT: N/A
CONCEPT: Irish Sports Pub
SEATING: 180 seats inside & 50 seats outside
SIZE: 3,336 square feet plus a full basement
HOURS: Open 7 days 11:00 AM – 1:00 AM
LICENSES: Full Liquor License (1:00 AM)
SALES: 2,566,694 (last 12 months)
CASH FLOW: $375,000 per year

ASKING PRICE: $3,000,000 (business & real estate) or $2,500,000 (real estate only, includes parking lot)

Detailed Information

Real Estate:
Owned
Building SF:
N/A
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(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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