Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 2254418Listed on: September 10, 2016

Established Intimate Neighborhood Sports Bar & Restaurant For Sale

New Haven, Connecticut, United States

$ 150,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 100k to 250k

Cash Flow: $ 100k to 250k

Business Description

Already established intimate sports bar & restaurant for sale.
This charming high demand neighborhood Sports Bar and Live Music Venue has been up and running for over 2 years and thriving more and more every week. This turn-key operation is a clean 1500 sqft facility that has seating for 50 people. Includes 3 bars, a screened patio for additional seating or late night lounging and additional shed storage. There is custom myrtle wood trim through the whole bar and dining area, a 9 line draft beer system, 3 yr old kitchen fully equipped with hood system and grease interceptor already installed. All bar equipment, 2 station POS system, 7 flat screens including a 60 inch, ceramic tile floors and a Facebook following of 700+ people included as well. The $2500 rent includes common charges, insurance & taxes with 2 years left on a 5 year lease. Pub is in a neighborhood location on a clean salt march with 2 posts the boats can tie up to with access to the Long Island Sound. Business grosses over $300,000 a year and $100,000+ of cash flow. The bar has a great reputation and is highly profitable. Neighborhood attracts a wide variety of age groups, tourists and there is a great customer base already established. Facility is already fully staffed and runs on its own. Owner frequently is out of town. Everyday activities and specials bring in the crowds. Tuesday Acoustic Open Mic, Wednesday Comedy Open Mic, Thursday and Friday happy hour crowds, Friday and Saturday Live Bands, NFL Sunday package packs the house for football on Sunday with 50 cent wings and a bloodymary bar. Neighborhood consists of businesses including pizza, seafood, Mexican, BBQ, & us. Customers walk from location to location but we also get the late night business that nobody else has. The kitchen is right off the bar allowing staff to cook late keeping the kitchen open until close. Bar has a delicious pub menu with a loyal following who come for both the food and a place to relax with a drink. Hours of operation are Sunday to Thursday 11am-1am, Friday & Saturday 11am-2am. Liquor permit takes 2-3 weeks to obtain but the bar can run under the current owners permit in the transition or for the remainder of the permit term if negociated.

POTENTIAL:
Restaurant could open early in the morning for breakfast which nobody else has and the neighborhood is starving for.
Lunch business could expand with marketing.
Outside Patio with a view of the water just needs approved parking to be open.
Local marinas & residents would like to have food delivery.
Lotto & Keno can be sold in house at lower bar area.

Owner will stay on for a month to help the transition and will even take full shifts.
All FF&E included in asking price.
All extra storage & inventory included in asking price.
Owner is relocating out of state.

Property Details

Other Details

Competition:

Pizza, Mexican, BBQ, Seafood

Expansion Potential:

Outside patio, open for breakfast and lunch, delivery.

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from BusinessForSale.com
 I have read and agree with the Terms & Conditions & Privacy Policy