Hot Listing

Irish Pub & REAL ESTATE INCLUDED--a RARE Lifetime Opportunity

Asking Price$898,000

Cash Flow
Not Disclosed

EBITDA$100,000

Gross Revenue$313,880

Inventory$5,000
Not included in asking price
FF&E$120,000
Included in asking price
Real Estate$599,000
Included in asking price
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Hot Listing

Irish Pub & REAL ESTATE INCLUDED--a RARE Lifetime Opportunity


Asking Price$898,000

Cash Flow
Not Disclosed

EBITDA$100,000

Gross Revenue$313,880

Inventory$5,000
Not included in asking price
FF&E$120,000
Included in asking price
Real Estate$599,000
Included in asking price

Seller Financing Available
Business Description
ARE YOU PASSIONATE about Irish Heritage & Pub Culture? BUY this IRISH TAVERN--Ma
Pub Culture matters!! You may travel far and wide but you won't find much better than the warm, friendly atmosphere of an authentic Irish Tavern. I know because I grew up in the Pub business in Ireland and my entire family owned pubs. "I pulled my first pint when I was 12years" in the early 70's. Now that I live in Florida and sell Pubs and restaurants for a living I know a GREAT Irish Tavern Opportunity when I see one. The Business and Property are SOLD as a Package Deal for LE$$ than the PRICE of a BEACH CONDO--ONLY!!$898K. The location is PRIME and its history has been as a pub for almost 30 years. This is a RARE moment in time because the majority of Pubs are in leased spaces. However, in this CASE, YOU can OWN the REAL ESTATE and be YOUR OWN LANDLORD. Imagine the tax advantages including depreciation from owning the building and leasing back to yourself. The Tavern serving just BEER & WINE currently opens only evenings and nights till the "wee hours of the morning"
About the Business
Years in Operation
30
Facilities & Assets
The building is +/-1800 sq ft with an outdoor seating and drinking spot. A complete asset list will be provided to serious buyers once we have a contract.
Market Outlook / Competition
The Business is in a unique niche steeped in Irish Pub culture, folklore, and heritage. Same owner for almost 15years. The Pub has an extremely loyal neighborhood clientele.
Opportunities for Growth
Since they do not serve food, there is an amazing opportunity to add a food truck, lease a space on the property to a food truck operator, or partner with surrounding restaurants, Door Dash and Uber Eats. The Pub could expand its hours by opening at say 11am in the morning instead of late afternoon like it currently does. There is a lot of upside for someone with imagination and fresh ideas. Currently, NO CREDIT CARD accepted. INCREASE SALES by ADDING CREDIT CARDS!!!!
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
1,800
About the Sale
Seller Motivation
Retirement from the Pub business after 15 years
Transition Support
The seller will assist for 2-4weeks transition and after that for up to 3 months by phone and email.
Financing Options
Some Seller Finance a possibility with a significant down based on experience
Listing Info
ID
2424301
Listing Views
58

Contact Seller

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Business Listed by: Dr.Denis Burke,MBA,DBA Business Broker World

Listing ID: 2424301 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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