Available
Must sell owner surrendered his Liquor license- Iconic Neighborhood Pub Ready for New Ownership, Seller Financing Asking $115k
$115.000
Description
Established Community Pub
This long-standing neighborhood pub has been a staple of its community for decades, earning strong local recognition and a loyal, multi-generational customer base. Known as a trusted gathering place, the business benefits from deep community ties and long-standing brand equity built over many years of operation.
The concept features a classic pub-style atmosphere with beverage service that consistently resonates with the local market. Its established footprint and reputation provide a solid foundation for continued success under new ownership.
This opportunity is well suited for a hands-on owner-operator or experienced hospitality professional seeking to bring new energy, vision, and operational focus to an already recognized establishment. With refreshed leadership, updated marketing, and thoughtful programming, there is meaningful upside potential to re-engage patrons and introduce new revenue streams.
Financing & Seller Support Highlights
Seller financing available with 25% down and a 75% seller note
Location requires a new liquor license
Seller will make the sale contingent upon obtaining the liquor license
If the license application is denied, seller will reimburse reasonable application-related expenses, including LLC formation costs
Seller is flexible and committed to working with the buyer to get the business up and running
Training and transition support provided for approximately three months
Key Highlights
Decades-long operating history and strong community presence
Established customer base and recognizable pub concept
Proven business model with revitalization and growth potential
Opportunity to modernize operations, branding, and events
Bar includes a new kitchen; an AI water filtration system is required to obtain a Board of Health permit
Purcahse inlcuded $40k inventory and all FF&EÂ
Previous Sales had net of $125-150k this is eliminating of problem patrons revenue.
This offering represents an attractive acquisition for an entrepreneur who values legacy, understands hospitality, and appreciates a seller who is cooperative, supportive, and motivated to ensure a successful transition and long-term continuity of the business.
For more information :
Ralph RJ Galdorisi 516-707-4670
rg@eastcoastbusinessbrokers.com
Overview
Property ID:
12635
Type:
Retail - Bars - Tavern - Night Club
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$295.000
Available
New York, New York
$115.000
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