Restaurant and Pub

Asking Price$499,000

Cash Flow

EBITDA$29,276

Gross Revenue$829,838

Inventory$14,390
Included in asking price
FF&E$32,630
Included in asking price
Real Estate$227,000
Included in asking price
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Restaurant and Pub


Asking Price$499,000

Cash Flow

EBITDA$29,276

Gross Revenue$829,838

Inventory$14,390
Included in asking price
FF&E$32,630
Included in asking price
Real Estate$227,000
Included in asking price

Seller Financing Available
Business Description
This Restaurant and Pub operates in a historic building believed to be a bar since around 1900. It enjoys a strong lunch business during the week from the local business community. In the evenings, the Business enjoys a loyal, recurring customer base of local families and individuals who dine there frequently. Many regular patrons frequent the establishment multiple times per week. They are known on a first name basis by the staff and enjoy the consistently high-quality food, friendly service, and affordable prices. There is also a private, reservable dining room available for local groups to host business meetings, meet up after sporting events, and other special occasions.
The business is very profitable, with sales and earnings performing consistently since the current owners purchased the business in 2019. At this time, the owners are seeking to sell the Business in order to pursue retirement.

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About the Business
Years in Operation
15
Employees
24 Full-time
Facilities & Assets
The Restaurant occupies the first floor of three adjoining historic buildings. There is a main dining area and a dining conference room with seating for 95 patrons and a waiting area where merchandise is also available for purchase.
Market Outlook / Competition
(1) High-Quality Food
(2) Exceptional Service
(3) Lack of Competition
Opportunities for Growth
(1) Increase Prices
(2) Expand Hours of Operation
(3) Expand Kitchen
(4) Develop Second Stories
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
12,864
About the Sale
Seller Motivation
Retirement
Transition Support
Ownership is willing to provide reasonable and customary transition assistance.
Financing Options
Limited seller-financing is available for qualified buyers.
Listing Info
ID
2492646
Listing Views

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Business Listed by: Small Business Deal Advisors Small Business Deal Advisors

Listing ID: 2492646 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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