**Under Contract** Irish Pub...owners Dr.says "Sell Immediately."

Clearwater, FL (Pinellas County)

Seller Financing Available
**Under Contract** Irish Pub...owners Dr.says
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Asking Price: $199,000

Cash Flow: $120,000

Gross Revenue: $260,000

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000

Rent: $1,035,000 /Month

Established: 2017

**Under Contract** Irish Pub...owners Dr.says "Sell Immediately."

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Business Description

Very Profitable -- Fantastic Location -- Room to Expand Business -- Easy to Run & Manage -- Outdoor Patio -- Everything is New -- Great Opportunity for Someone that Loves Everything Irish, A Real Lucky Charm!!!

DUE TO UNFORSEEN CIRCUMSTANCES, THE OWNERS DOCTOR HAS FORCED HIM TO SELL IMMEDIATELY. HUGE PRICE REDUCTION. THIS PUB IS NOW AN ABSOLUTE BARGAIN.

Opened in 1/1/17, this pub is practically new. The owner started from scratch with an empty shell in historic downtown Clearwater, and created a very cosy, fun, local Irish Pub, where friends love to gather and feel at home. In a very short period, the bar has gained huge popularity among the locals, and the many tourists that visit Clearwater every year. It's Online ratings are excellent, people just love coming here.

Sales are up dramatically year over year. Low overhead, four part-time staff, beer & wine license, tobacco license, ATM machine and game machines on site. This is a fantastic ground floor opportunity to expand upon what the owner has started, and take this pub to the next level.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
12/1/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on the ground floor of a multi-story/multi-tenant building with access to the pub from both the main street, and the large parking lot in the rear of the building. The bathrooms are shared in a common area and maintained 100% by the landlord (a huge bonus). The pub has been given the highest rating by the local health dept., and has been impeccably maintained by the owner since day one. Everything is brand new with no expense spared in the start-up phase of the operation. FFE is estimated at $75,000 and is included in the price.
Competition:
This is a real gem of a pub in a part of town that is actively expanding. More restaurants, shops, and businesses are opening up right in the neighborhood which is bringing more and more people to the area.
Growth & Expansion:
The pub is currently open at 3.00PM daily. It could open earlier to increase sales. Food could be added to the pub for lunchtime and evening sales too. There is a 4-bay sink and plenty of room to offer a good size menu of light fare.
Support & Training:
The owner is willing and help train/transition new owners.
Reason for Selling:
A bigger opportunity has come along for the owner.
Business Website:
http://BusinessBrokerWorld.com
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Contact the Seller

(from currently available funds)
 
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Shane Keegan

Business Listed By:
Shane Keegan

Business Broker World

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Sponsoring Broker:
Denis J.Burke,MBA

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