Business Summary:
Successful Pub in a wonderful and quant town of Orange
County, New York. This attractive and well maintained
established Pub offers a very comfortable atmosphere with a light specialized food menu, great drinks and service. The facility has a beautiful original wood bar which is immediately viewed when you walk into the Pub. The business has been fully upgraded and remodeled over the past years with a clean attractive image. The owner is retiring out of the industry after many successful years and has elected to sell the business and the real estate. The property consists of the Pub and two residential rental units.The business has all the required equipment to maintain and operate a Pub & Grill estimated value of $175,000. The building has a legal capacity for 65 customers, consisting of 1,200 sq ft, on the main floor, a full basement and two rental units representing an additional 2,400 square feet.Three car private parking and adequate municipal parking is at the facility.The business is active seven days weekly, hours from 12:00 pm to 2:00 am. The sale includes a NY consumption liquor license, food handler s license and Lotto. The business has eight part time employees that expected to remain with the business after the sale transition. This has been a successful business over many years which represent an exceptional purchase opportunity to a qualified buyer.
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| Year
Business was Established: 1960 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
The Pub facility consists of 1,200 square feet, ground floor with an attractive all wood original bar. The business has private seating including a separate room for a pool table and lotto. The facility also has two rental units and receives $2,000 monthly income. Located in a quant and upscale community of Orange County, New York. This particular town has numerous shops and restaurants with a large volume of daily shoppers. |
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| Potential
Growth/Expansion:
With an improved marketing plan and offering in house catering the Pub can improve the bottom line income. |
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| Competition:
The sellers will supply a five mile, five year non compete agreement to the new owner. No other similar Pub Tavern competitors exist in this particular area. |
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| Owner
willing to finance:
Some owner financing is available to qualified buyers. |
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| Owner
willing to train:
The owner will supply a training period and remain post closing for thirty days. |
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| Reason for selling:
The owner is retiring out of the industry after many successful years in busines |
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Seller Reference Number: BAR337
BusinessMart.com Listing Number: 114047 |
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