Business Summary:
This charming, warm, and congenial "Cheers" type neighborhood Alehouse is located right in the middle of the booming residential and commercial growth on the E-Side. The business occupies 2858 sq ft and seats 75. The business has been totally remodeled and looks like new. The current owner works only about 20 hours a week and has not done any promotion or marketing for the business. Currently, the business does not offer any pool or dart tournaments, nor does it offer a Happy Hour, or any promotional types of activities. The business is only open from 4 PM to 2 AM and it could easily increase its revenues by opening for the lunch crowd. Also, the business only accepts cash and by adding credit cards and check cashing it could attract new customers. The business has a Class H liquor license, 10 FT hood & grill, deep fat fryer, D/W, 2 Pool tables, 3 flat screen TV's and a new 10 Tap beer system. The dart game, video games and Juke Box are on a commission basis and the ATM machine produces $1 for each transaction. This is a gold mine.
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| Year
Business was Established: 1970 |
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| Number of Employees:
4 FT |
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| Facilities / Terms of Lease:
This charming, warm, and congenial "Cheers" type neighborhood Alehouse is located right in the middle of the booming residential and commercial growth on the E-Side. The business occupies 2858 sq ft and seats 75. The business has been totally remodeled and looks like new. There is a 10 FT hood & grill, deep fat fryer, D/W, 2 pool tables, 3 flat screen TV's, and a New HVAC system. There is a new 10 Tap beer system that eliminates all wastes. The total monthly Lease payment is $7,026 and the Lease runs till Oct 31, 2012 with two 5 year options. |
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| Potential
Growth/Expansion:
The current owner only works about 20 hours per week and has done very little if anything to promote the business, due to his involvement in other business ventures. Currently, the business does not offer any pool or dart tournaments, nor does it offer a Happy Hour, or any promotional types of activities. The business is only open from 4 PM to 2 AM and it could easily increase its revenues by opening for the lunch crowd. Also, the business only accepts cash and by adding credit cards and check cashing it could attract new customers. |
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| Competition:
There are no other neighborhood alehouses like this one in the area. The layout of this one invites the customers to make it a second home and a place to come relax and have a bite to eat and some drinks and play a game of pool, darts, or some video games. |
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| Owner
willing to finance:
Cash or Bank Financing |
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| Owner
willing to train:
The Seller will provide 2 weeks of on site training on the day to day operation of the business, the operation of the POS system, and the preparation of all food items on the menu. |
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| Reason for selling:
The Seller has other business interests and cannot devote his time or energy to developing this business |
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Seller Reference Number: hfngBishop
BusinessMart.com Listing Number: 32347 |
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