Community Favorite Bar with Real Estate
Asking Price: | $1,045,000 |
Gross Revenue: | $785,000 |
Cash Flow: | $80,000 |
Real Estate: | $750,000 |
Prime Location on High Traffic Arterial
This business is a family-owned neighborhood bar with real estate. This Pub has an old-school vibe that offers a cozy gathering spot for the locals to frequent. As one customer expressed in their online business review, “This is our own local Cheers, where everybody knows your name.” This classic neighborhood pub attracts a wide mix of blue-collar customers in the 35–60-year-old age group, who often reside within a 10-block radius.
The Pub sales are allocated: 25% - Pub-Grub; 50% - Domestic/craft beers, wine, & spirits; and 25% - pull tabs & other games of chance. Unlike most contemporary sports bars today, this Pub caters to a crowd still more interested in pool tables, darts, pinball machines and pull tabs, with only a few TV’s sprinkled in for good measure. The establishment is all about hospitality, quality service, and fair pricing. The business is open M-F (10:00 am – 2:00 am), and Sat./Sun. (9:00 am – 2:00 am).
The 2,500-sf. building space is allocated to a kitchen (10%), dining area/bar (75%), and storage (15%). The business also supports a small 300 sf. attached patio on the exterior of the building that is covered, fenced, and functional year-round.
The Sellers are non-owner-operators who indirectly oversee operations and coordinate building/equipment maintenance, supply internal accounting, and provide some product ordering. The Pub also has a full-time manager who is paid approximately $20.00 p/hr., (4) bartenders/servers at $16.28 p/hr., and (3) cooks at $16.75 p/hr. The Seller expects all current Pub staff to continue with the business post-sale.
Destination Bar & Grill with Real Estate Purchase Option
Pierce County, WA
Price: $4,950,000
Standalone Tacoma Neighborhood Bar w/ Real Estate!
Pierce County, WA
Price: $1,050,000
Established and Profitable Restaurant and Bar
Pierce County, WA
Price: $3,000,000
Lee's Famous Recipe Chicken
Available Nationwide
FranchiseCash Required: $750,000