LISTING ID # 36054
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 a 1,800 sf patio in the 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 for $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!
