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Irish Pub Restaurant
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $571000
Net Profit / Cash Flow $83000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1960
Number of Employees 6 - 9
Inventory 175000 Equipment & 2000 Inventory
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training The seller will remain after closing and supply an appropriate transitional period.
Reason for Sale The owner is out of state in an alternative business.
Description Popular irish Pub restaurant is an active area of Westchester County, New York. This modern attractive and highly successful late night bar has a 2012 gross income of $571,000 and a yearly net income of $86,000. The facility has been fully upgraded with an attractive appearance, outdoor seating, and a fully upgraded kitchen including a beautiful wood fired Brick oven. The pub has a wonderful reputation in the County and has a consistent income to the owner. For great food in a friendly atmosphere, look no further than this highly successful Sports Pub Restaurant. They features a sports bar and table seating and you can enjoy lunch, dinner and late night munchies with family and friends. Whether you re unwinding after work or looking to celebrate well into the night, this is the place to go with daily Happy Hour Specials and VIP Lunch Program (delivering lunch to all local areas). Based on the asking price, required down payment and net income this business will supply a 20% return to the owner operator prior to debt service. The owner will finance the transaction with an appropriate down payment to a qualified buyer. This is an excellent opportunity and priced at fair market value. The facility has been fully upgraded during the past few years with a modern attractive image which includes outdoor seating and a fully equipped upgraded kitchen. The facility consists of 1,900 square feet in a commercial setting with a full basement.
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