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Authentic Irish Pub In Treasure Coast For Sale

Treasure Coast, Florida, US
Asking Price:
$495,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,079,801 (USD)
Cash Flow:
$141,899 (USD)

Authentic IRISH PUB, looks and feels like you are in Ireland. Serving authentic Irish cuisine - shepherd's pie, corned beef and cabbage, Prince Edward Island mussels, and all the American favorites - burgers, wings, salads, etc. Full management team in place, GM could be replaced to add $52K to bottom line. Room for growth, as owner has grown tired and new blood could increase events and offerings (catering). Saint Paddy's day, biggest day of the year, biggest bash on the Treasure Coast, making a new owner 25% of investment back in 1 day. Well maintained facility and plaza. Owner has replaced many pieces of equipment over the past 5 years. All W-2 employees makes for a great Visa purchase. 2018 & 2017 COG shows combined labor and purchases on tax return. This is truly a once in a lifetime opportunity if you ever wanted to own a true Irish Pub with NO competition for 50 miles. Depreciation & Amortization combined on tax return; 2017 Other adds $30K to silent non-working partner.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $13,200
Terms & Options: 1-5 year
Expiration Date: 3/31/2022

Location:

Southeast Florida Coast / Treasure Coast

Premises Details:

Building Type: End Cap Plaza
Square Footage: 5,658
Leasehold: $300,000

Business Operation

Reasons for selling:

Retirement

Trading hours:

7 Days 11am-2 am
Closed most major holidays

Employees:
10FT / 11PT
Years established:
14

Other Information

Support & training:

Seller will train buyer for one week at no cost to buyer

Furniture / Fixtures value:
$400,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price

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