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- RE: Community Favorite Bar With Real Estate
- Contact: Bill Southwell
Quick Facts
Asking Price: | $1,045,000 | |
Annual Revenue: | $785,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $80,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 942479 | |
Broker Reference #: | PWR2024 |
Business Overview:
This business is a family-owned neighborhood bar with real estate. This Pub has an old-school vibe that offers a cozy gathering spot for the locals to frequent. As one customer expressed in their online business review, “This is our own local Cheers, where everybody knows your name.” This classic neighborhood pub attracts a wide mix of blue-collar customers in the 35–60-year-old age group, who often reside within a 10-block radius. The Pub sales are allocated: 25% - Pub-Grub; 50% - Domestic/craft beers, wine, & spirits; and 25% - pull tabs & other games of chance. Unlike most contemporary sports bars today, this Pub caters to a crowd still more interested in pool tables, darts, pinball machines and pull tabs, with only a few TV’s sprinkled in for good measure. The establishment is all about hospitality, quality service, and fair pricing. The business is open Monday - Friday (10:00 am – 2:00 am), and Saturday / Sunday (9:00 am – 2:00 am). The 2,500-square feet building space is allocated to a kitchen (10%), dining area/bar (75%), and storage (15%). The business also supports a small 300 square feet attached patio on the exterior of the building that is covered, fenced, and functional year-round.
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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