728 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$135,000
Revenue$480,000 Established1947
Cash FlowUndisclosed Employees2 full, 13 part
FF&E$75,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 32874

Pub w/ 3 Bedroom Apt. Above. Fantastic Deal. Located in college town, this is an ideal opportunity to buy a 2 story building with a pub on the first floor, featuring approx. 2,000 sf. ft. of space with a full bar and a full kitchen. Above is an 1,100 sq. ft., 3 bedroom apartment that is currently used as an office. There are so many options. You can keep the pub "as is" and live upstairs. You can convert the entire building into apartments to serve the students and/or faculty in the area. You can simply buy it all and lease out the bar and apartment. You can even sub-divide the 3 bedroom apartment into multiple apartments to really maximize income. In the past year the business grossed approx. $480,000.00 and is profitable. However, the owner is not selling the business based on financials. This is an asset and real estate sale. You are buying the name, goodwill, all FF&E and the building for a total of $531K ($135 for the business and $396K for the building). Property taxes were $12,000 last year. This deal may qualify for SBA lending based on the real estate value with a buyer putting down up to 30%. We are seeking a serious and financially qualified buyer with at least $160K in liquid funds to cover the 30% down payment required by the bank. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.  

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32874 for instant access to this business information.
Training/Support:Seller will train
Seller Financing:Property available for an additional $396K. Business and Property MUST be purchased together.
Sale Reason:Retirement
Ad #128901
Seller Reference #32874
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Vested Business Brokers
Vested Business Brokers
Email Address