Historic Coastal Pub & Restaurant with Strong Presence
Asking Price: | $1,950,000 |
Gross Revenue: | $2,774,574 |
Cash Flow: | $640,183 |
Step into a rare opportunity to own a piece of history with this landmark pub & grill. Spanning 8,000 square feet, this cherished restaurant draws both locals and visitors to its unique and inviting setting. For over a century, this legendary establishment has been the heartbeat of the community's social life.
Renowned for its rich history, superb culinary offerings, and vibrant entertainment lineup, this venue boasts a solid revenue split between food (55%) and beverages (45%), presenting a robust and balanced business model. Through skillful expansions and renovations, the establishment now features over 200 seats, including a family dining room, a garden patio, and a rooftop patio, diversifying its appeal across various customer segments.
Despite minimal marketing efforts to date, the business has thrived on its stellar reputation and word-of-mouth referrals, highlighting significant untapped growth potential. Strategic sales initiatives and enhanced digital marketing could further amplify its reach and profitability, making this a turnkey investment with considerable upside.
This iconic pub and restaurant offers not just a business opportunity, but a chance to become a part of the community's enduring legacy. With its well-established presence and diverse amenities, it stands ready for a new owner to take it to new heights.
To sign a digital NDA and learn more, please go to: https://chinook.dealbuilder.co/blind-profile/9f4e055e-18e8-4c84-ad51-b5a19fc3a6f4
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