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Business for Sale Summary

Prime Pub-Restaurant Building | Redevelopment Upside | 4,000 - 36054

Business Type: business with property available,entertainment,misc. retail/non-classifiable,misc. service/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,bar/tavern/night clubs
Prime Pub-Restaurant   Building | Redevelopment Upside | 4,000
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Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $225,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$225,000 Down and 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.

Business Description

Prime Pub-Restaurant and Real Estate Opportunity
Major Price Reduction — Seller Ready to Retire

A rare opportunity is being offered to acquire an established 4,000-square-foot pub-restaurant together with the underlying real estate, located in an area currently undergoing a multi-million-dollar redevelopment and revitalization program. This offering combines immediate operating potential, income-producing real estate, and exceptional long-term redevelopment upside.

The purchase structure includes the business assets offered at $225,000 and the real estate offered at $2,215,000 through PMTG Realty. The business is priced primarily on asset value and real estate opportunity rather than historical performance. Gross sales for 2025 are approximately $1,300,000, with existing operations and goodwill representing additional upside for the next owner.

The 4,000-square-foot facility is fully equipped and includes a full commercial kitchen, all furniture, fixtures, and equipment, and a 1,200-square-foot outdoor patio. The property enjoys high visibility in a prime location and is positioned within an active redevelopment district. An additional income component includes a 2,800-square-foot residential apartment above the restaurant featuring three bedrooms and two bathrooms, offering either owner occupancy or rental income potential.

The property is zoned DC1, providing significant expansion potential subject to site plan approval, including the ability to build up to five stories. It is located within a municipal parking district with tax benefits and allows for a line-to-line footprint. There is potential to expand the first floor to approximately 10,000 square feet, creating a rare opportunity for a restaurant operator seeking ownership stability, an investor pursuing mixed-use income, or a developer targeting long-term appreciation. Purchasing now allows a buyer to capitalize before redevelopment pricing is fully realized.

No seller financing is available. Qualified buyers may obtain commercial mortgage financing. The estimated down payment for the building is approximately $440,000, and buyers should demonstrate approximately $700,000 in proof of funds.

This opportunity is ideal for a restaurant operator wanting to own the real estate, a hospitality group seeking expansion, a mixed-use investor, a developer pursuing future density opportunities, or a 1031 exchange buyer.

This is a confidential sale. All inquiries will be handled discreetly. Do not speak with staff or ownership when visiting. All showings are by scheduled appointment only.

For more information, contact Mel Vaz, Business Broker, at 631-767-0157 or melvaz@vestedbb.com.

  

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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 financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.