868 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Successful Irish Pub/Restaurant For Sale

Rockland County, New York, United States
Photos Website Map
Asking Price$950,000
Revenue$750,000 Established1950
Cash Flow$125,000 Employees7 full-time
FF&E$325,000* FranchiseNo
Inventory$3,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Wonderful business opportunity for this highly successful Irish Pub Restaurant with the real estate which includes live entertainment approval and located in wonderful area of Rockland County, New York. This long-established pub restaurant business was built in the 1950’s and was recently renovated with a beautiful modern décor, maintains its authentic cozy image including burgundy painted woodwork and old-fashioned tables & chairs. The sale includes three residential rental units with a $36,000 yearly income. The business has a solid reputation within the nearby communities and is somewhat of a landmark in this area of Rockland County, NY. The business is known for its excellent food, wonderful service and special atmosphere. The facility consists of a professional commercial kitchen, a full Dining room with lots of available seating and a luxurious forty seat wood Bar. The business generates a consistent yearly gross sale of $750,000 consisting of 50% liquor and 50% food sales and provides a stable net income to the operator. The owner is retiring after many successful years in the industry and is prepared to supply secondary financing to a qualified buyer. The restaurant has a square footage of 2,450, on one main floor with an indoor seating capacity for approximately 98 customers. The facility has private parking for fifty + vehicles which is available and included in the sale. The business is operational seven days weekly, Monday thru Sunday with hours from 12:00 pm to 4:00 am. A consumption liquor license & cabaret license is included in the sale. The business has a full staff of seven plus experienced employees who are unaware of the pending sale and expect to remain post closing. Based on the asking price, required down payment and net income this business should supply a 30% return to the owner operator prior to debt service. Please contact our office for further details. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:This business is located in a wonderful area of Rockland County, New York and located on an active county road with lots of drive by traffic. This popular Restaurant / Pub consists of 2,450 square feet with two + rental units on the second & third floor. The business has a large attractive forty seat bar with additional private seating. The facility has clean modern toilet facilities and duel entrances. The building has a large dry basement used for storage.
Competition:The business has limited competition in the area and no other similar Irish Pub restaurant businesses are in this general area. The seller will supply a non-compete for any distance to the new operator.
Growth Potential:The present owner maintains a basic business with no marketing position and by instituting an advertising plan the business can be improved.
Training/Support:The seller will supply a full training period remain post closing.
Seller Financing:Seller financing is available to a qualified buyer.
Sale Reason:The owner has elected to retire after fifty years of success in this industry.
Ad #97919
Seller Reference #BAR664
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
Ron Cervelli
Regal Consulting Corp.
Email Address