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Pub With Real Estate For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $255000
Net Profit / Cash Flow $132000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1960
Number of Employees 4 - 5
Inventory $150,000 equipment & $1,200 inventory.
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training The owner will supply a training period and remain post closing for thirty days.
Reason for Sale Retiring from this industry after many years of success.
Description Pub with real estate in a wonderful quant town of Orange County, New York. This attractive and well maintained established business offers a very comfortable atmosphere with a light specialized food menu, great drinks and good 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 few 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 $150,000. The building has a legal capacity for 66 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. The business has 3 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. The facility consists of 1,200 square feet on the ground floor with a beautiful all wood original bar. The business has private seating including a separate are for Lotto and a room for a pool table. The facility also has two rental units and receives $2,000 monthly. The Bar is located in a quant and active community of southern New York, Orange County. This particular town has numerous shops and restaurants with a large volume of daily shoppers. This business location is close to the Thruway and many major highways.
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