|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
Financing: $350,000.00 Down and No seller financing, but a buyer with good credit, collateral and experience may qualify for a mortgage on the purchase of the business and building which is $2.5M combined. Reason for Selling:Retirement. 9000 SF Pub, Restaurant, Brewery & Building in Prime Area. Price reduced! The business and property MUST be purchased together as a package. The business is selling for $400K, the property is an additional $2.1 million. This is a true gem.
The area is going through a major redevelopment with a multi-million-dollar revitalization program that has already begun.
The current owner is ready to retire. He is selling a 6,200 sf pub and restaurant with a full kitchen, a separate 2,800 sf. brewery with all furniture, fixtures and equipment included and an 1,800 sf patio in back.
There is a bonus 2,800 sf., 3 bedroom, 2 bath apartment above. The owner successfully navigated through the worst of the pandemic and is ready for his next chapter.
2023 gross sales were $1,590,000 for the pub-restaurant alone. The owner is asking $400K for the pub, restaurant and brewery, primarily as an asset sale.
Any sales and goodwill are a bonus. The building and property are available for an additional $2.1 mil. through PMTG Realty. The business and property MUST be purchased together as a package.
Now is the time to make a purchase and capture the upside of the redevelopment.
There is no seller financing, but a buyer with good credit, collateral and experience may qualify for a mortgage on the purchase of the business and building.
We are seeking a serious and financially qualified buyer with at least $820K in liquid funds to cover the $350K business asking price and a 20% down payment for a mortgage on the building.
Proof of funds will be requested prior to meeting with the owner. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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. |
||||||||||||
|
||||||||||||
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
||||||||||||
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |