Irish Pub for Sale in Ormond Beach, Florida – $899,999
Asking Price: | $899,999 |
Gross Revenue: | $750,000 |
Rent: | $6,600/Month |
Established Year: | 2004 |
Cash Flow: | $150,000 |
Inventory: | $20,000 |
FF&E: | $200,000 |
Step into an incredible opportunity to own a well-established Irish pub in the heart of Port Orange, Florida. With over 20 years of successful operations, this iconic two-story pub offers a unique experience for patrons and endless potential for growth.
Business Features:
- Strictly Irish Pub: Known for its authentic Irish charm and vibrant atmosphere.
- Two Levels of Entertainment: Features both an upstairs and downstairs bar, maximizing capacity and creating a lively environment.
- Smoking Bar: Holds a rare smoking permit, making it a standout destination for patrons.
- Liquor License: Includes a liquor-only license valued at $500,000. Financing for the license is available through a third party if needed.
- No Food, No Package Goods: Currently, no food is served, and no package goods are sold.
Financial Highlights:
- Sales: $750,000 annually.
- Owner’s Profit (SDE): $150,000 per year, even while run absentee.
- FF&E (Furniture, Fixtures & Equipment): $200,000.
- Inventory: $20,000.
Lease Details:
- Monthly Rent: $6,600.
- Lease Term: 10 years, ensuring long-term stability. Lease stays stable at $6,600
Growth Potential:
- Add Food Service: A kitchen is already in place, ready to launch a food menu to attract more customers.
- Expand Offerings: Opportunity to add a package goods area for additional revenue streams.
Management & Operations:
- Run Owner-Absentee: The business is efficiently managed by a professional manager who is willing to stay on with the new owner.
This pub is perfect for an investor looking for a turnkey operation or an entrepreneur with the vision to grow the business. Priced at $899,999, this sale includes everything you need to continue this beloved establishment’s success and explore its untapped potential.
Don't miss this chance to own a piece of Irish history! For more information, contact us today.
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