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Irish Pub – Absentee Owner

Location: North Myrtle Beach

ID: (#200809)

200809
Price:$1,500,000
Revenue:$1,600,000
Cash Flow:$447,000
FF&E (Assets):$200,000
Inventory:$22,000
Real Estate:$0

Overview

Very popular Irish Pub that serves lunch and dinner, approximately 75% of revenue from food.
Indoor and outdoor seating, heated tents for colder months. Great team in place, fully staffed and the three managers (Chef, Bar, Front) have been with the business for many years. Established systems and processes, open 6 days per week. 5 min from the beach.

*Images are stock photos and do not reflect the actual business or product line

Details

Reason for Selling:

Retirement

Established:

2007

Employees:

17

Furniture, Fixtures, and Equipment (FF&E):

All equipment and furnishings useful and used in the business convey with the business sale.

Facilities:

Leased space includes living quarters above the restaurant. Located 30 min from North Myrtle Beach.

Inventory:

Approximately $20,000 -25,000 in food and drinks in stock at any given time.

Competition:

Only pub in the area with a great atmosphere, and a great selection of top quality food.

Opportunities for Growth:

Possibility to open all 7 days per week, or expand opening hours into breakfast, or late night.

Support and Training

Seller will provide any required training and transition support during the first 30 days, and will be available on call thereafter.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486