The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Small Shoreline Neighborhood Tavern

East Lyme, Connecticut (New London County)

Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

Asking Price $50,000 Inventory $2500** 
Gross Income $300,000 Real Estate Option available** 
Cash Flow $75,000 Year Established 2007
FF&E $80,000* Employees 6

* included in the asking price

** not included in the asking price

Excellent Tavern with large local and seasonal customer following. Small, under 1,000 square feet, makes it easy to operate. Business Price $50,000 with option to buy Busy Route 1 Property. Owner/chef should net $75,000. Sales $300,000 annually. 36 seats plus outside smoking patio. This is a turn key operation, well suited for anyone wanting to go into their own business, and especially for someone who wants the opportunity to own a valuable 2 building property.

Facilities: Small bar/pub building plus Resedential House and Garage on 2.54 acres of property. Parking for 25 cars. Well equipped bar with 36 seats plus an outdoor patio. Seller wants to sell property and business but offers a short term (2 year) lease at 2,000/mo NNN with a 2 year property option.

Competition: This is a neighborhood pub, frequented by the locals all year with more volume during the summer season. It is on busy Route 1 and the only bar of this type in the area.

Growth/Expansion: The bar/pub is somewhat at a maximum over the weekends (Friday, Saturday), and expansion of the seating would be required. Owner is looking at this now. More weekday marketing and specials could add to the sales volume, and perhaps other products like pizza or grinders would help.

Financing: None available.

Support/Training: Owner will provide training/consulting for 30 days, 15 days on premises and 15 days via telephone, all at owner's expense.

Reason Selling: Owner retiring to spend more time in Las Vegas.

Business For Sale By

John A. Russo

860-257-4274

Just Restaurants

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this Small Shoreline Neighborhood Tavern

Recommended Resources

AD # 469445

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --