MergerPlace

Pub, Asset Sale with Only $60,000 Down!

Warwick, Rhode Island


  • Asking Price: $99,000
  • Gross Income: $525,000
  • Cash Flow: Not Disclosed
  • Real Estate: $450,000
  • Inventory: $10,000
  • FF&E: $100,000
  • Listing ID: #206632
  • Established: 2015
  • Employees: 10

Business Description

This is an asset sale. We are selling the liquor license, furniture, fixtures, equipment, lease and $525,000 annual sales. The asking price is $99,000 with a new lease of $3,700 a month plus NNN. Or the property may be purchased for "$450,000. The lot is 37,000 square feet and the building is 2,500 square feet. Liquor is 44% of sales. There is seating for over eighty people. The owner does not work at the pub. They need a working owner or strong manager. The concept can easily be changed or simplified.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Rhode Island
Metropolitan Area: Warwick

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $99,000
Gross Revenue: $525,000
FF&E: $100,000
Inventory: $10,000
Real Estate: $450,000
Seller Financing Available: Yes

Property Information

Facilities:

There is a full kithen plus a bar and seating for over 80 people.

Growth & expansion opportunities:

Pub needs a working owner. Can change or simplify the concept.

Competition:

Yes.

Reason for selling:

To concentrate on other businesses.

Support & Training:

Whatever is reasoanable.

Contact Business Seller

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Business Listed By:

Joe Squizzero

Squizzero & Associates