Pub With Real Estate In New York For Sale

Business description

Successful Pub in a wonderful and quant town of Orange
County, New York. This attractive and well maintained
established Pub offers a very comfortable atmosphere with a
light specialized food menu, great drinks and service. The
facility has a beautiful original wood bar which is immediately
viewed when you walk into the Pub. The business has been
fully upgraded and remodeled over the past years with a
clean attractive image. The owner is retiring out of the
industry after many successful years and has elected to sell
the business and the real estate. The property consists of the
Pub and two residential rental units.The business has all the
required equipment to maintain and operate a Pub & Grill
estimated value of $175,000. The building has a legal
capacity for 65 customers, consisting of 1,200 sq ft, on the
main floor, a full basement and two rental units representing
an additional 2,400 square feet.Three car private parking
and adequate municipal parking is at the facility.The
business is active seven days weekly, hours from 12:00 pm
to 2:00 am. The sale includes a NY consumption liquor
license, food handler s license and Lotto. The business has
eight part time employees that expected to remain with the
business after the sale transition. This has been a successful
business over many years which represent an exceptional
purchase opportunity to a qualified buyer.

Property information

Real Estate:

Real Property Included

Location:

The Pub facility consists of 1,200 square feet, ground floor with an attractive all wood original bar. The business has private seating including a separate room for a pool table and lotto. The facility also has two rental units and receives $2,000 monthly income. Located in a quant and upscale community of Orange County, New York. This particular town has numerous shops and restaurants with a large volume of daily shoppers.

Business Operation

Expansion potential:

With an improved marketing plan and offering in house catering the Pub can improve the bottom line income.

Competition / Market:

The sellers will supply a five mile, five year non compete agreement to the new owner. No other similar Pub Tavern competitors exist in this particular area.

Reasons for selling:

The owner is retiring out of the industry after many successful years in busines

Employees:

6

Years established:

1960

Other information

Support & training:

The owner will supply a training period and remain post closing for thirty days.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Some owner financing is available to qualified buyers.

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$125,000 (included in the asking price)

Related documents:

• 
• NDA