Business Summary:
Pub & Restaurant located in Norfolk County with great location on a busy state route in the center of town; modern facility with full liquor & entertainment licenses. Currently run by absentee owner. This site has great growth potential and a history of strong sales. The space could also be demised to have a separate Bar and Restaurant business. The business and Real Estate are for sale. The Seller is also willing to sell the business alone and/or offer an option on the Real Estate. AKING PRICE: $175,000 for the Business or $750,000 the Business & Real Estate
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| Year
Business was Established: 2004 |
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| Facilities / Terms of Lease:
The space is approximately 3,700 square feet; the facility consists of a bar area with a long bar and a deck with 24 outdoor seats. The dinning room contains 80 seats and has a very functional layout. This building is ideal for a number of different concepts.
REAL ESTATE:.55 Acres Zoned for Restaurant/Bar use
CONDITION: The building and restaurant are in good condition and have been recently improved.
PARKING: Private lots with plenty of parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: Five (5) year lease with two Five (5) year options.
BASE RENT: $4,400 per month NNN
CONCEPT: Pub & Restaurant
SEATING:100 seats inside with 24 patio seats outside (Capacity approximately 200 persons)
HOURS: 11:30AM –1:00AM Tuesday-Sunday
LICENSES: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
SALES: Approximately $511,000 per year |
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| Potential
Growth/Expansion:
Alot of upside for the right operator |
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| Competition:
Best Game in town |
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| Owner
willing to finance:
Some Financing available for qualified buyers |
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| Owner
willing to train:
Training will be provided |
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| Reason for selling:
Other Interest |
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Seller Reference Number: bm780227774
BusinessMart.com Listing Number: 59566 |
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