Pub/Restaurant with "R" liquor license and apartments

White Haven, PA (Luzerne County)

Pub/Restaurant with
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Asking Price: $355,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1988

Pub/Restaurant with "R" liquor license and apartments

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Business Description

Country road house pub/restaurant with 30 year plus history located on busy Route 940 near campgrounds and other outdoor tourist activities. Recently closed in June 2016 upon retirement of current owner. Good mix of repeat local and tourist clientele. Fully equipped kitchen with newer equipment and Ansul system. Carbon County ''R'' liquor license included. 6000 +/- SF property also has 3 one-bedroom apartments with long standing tenants generating $1725 per month. Plenty of parking. Central sewer. Zoning is B-1 Highway Business District in East Side Boro in Carbon County PA.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,000
Facilities:
Restaurant/Pub closed in June 2016 owner retired. All FF & E included as well as real estate. 3-1 BR apartments generating $1,750/MO, long standing tenants. Plenty on site parking. Established 30 yrs ago. Central sewer.
Competition:
Includes Carbon County "R" liquor license, pub/restaurant with 30 yr history and 3-1 BR apartment rentals for added income. Located right on Route 940 close to resorts and other activities. Fully equipped kitchen and all FF & E included with Real Estate.
Growth & Expansion:
With a 30 year history, re-opening the pub would increase tourists. The liquor license had added value and hard to get. The rentals also generate income monthly. There is a multiple of income sources here. Great location and good client mix.
Reason for Selling:
owner retired
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Teresa Mickens

Business Listed By:
Teresa Mickens

TACM Commercial Realty

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