Financing: $299,000.00 Down and Possible for a qualified buyer.
Reason for Selling:Owner moving.
Prime Irish Pub & Grille in Lower Mid-Town. Outdoor accommodations have been made due to Covid. If you have liquid funds and patience this is the best time to get in, renegotiate the lease and set yourself up for a goldmine over the next 5 to 10 years. This is a spacious 2,000 sq. ft. space with full kitchen and 35 ft. bar. They offer seating for up to 100, in addition to outdoor seating. The bar has a back room with a huge skylight. They offer 24 beers on tap and a full 4 am liquor license. There are 10 years left on lease at a rent of $17K/mth. For a qualified buyer with good credit, the lease and rent are negotiable due to Covid. In the past year the business grossed approx. $1,300,000.00 with a cash flow of approx. $250,000.00. We are seeking a serious and financially qualified buyer with at least $384K in liquid funds to cover the asking price, plus $85K in rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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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.