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#3263
San Francisco Metro

SELLER WILL CARRY 50%!!!! Busy Irish Pub in North Bay Town

$475,000
Sold
SELLER WILL CARRY 50%!!!! Busy Irish Pub in North Bay Town
This Listing is Sold

We present this Traditional Irish Pub situated in a busy San Francisco area town. This Pub is a beautiful re-creation of a genuine Irish Pub. The present owner has increased sales & profits 300% in past 3 years and currently sales are in excess of $1.2 million.


Because this business has shown such growth and high % profit, the seller will carry 50% of the sale price for qualified Buyers with excellent credit and at least 5 years experience and are able to invest $200,000.00 +.


Live music, a genuine Irish menu and a brand new 2nd floor Bar have transformed what used to be just a sleepy bar into THE most popular bar in town. A large full fitted Kitchen allows for any menu to be implemented with a separate rear entrance and a 2000 sq ft of basement storage area with refrigeration, heating etc. Full of original artifacts from the Emerald Isle, you feel like you've just stepped back in time within the narrow lanes of Dublin, Ireland.

This kind of themed Pub, in such a sparkling condition is a rare opportunity. There are 2 well appointed full bars with seating at each bar for 16 with many Beer handles and choice Liquors.
The town is bustling and growing with many new homes being built. You cannot see any signs of recession here, perhaps because their is a major University just minutes away and within commuter distance from San Francisco.

Open 7 days a week, this Pub requires minimal owner participation as the management and staff have been there for many years. This bustling wine country town, near the coast benefits from being within commuting distance to San Francisco and enjoys a steady all year around business. This High street Pub features 2 (Type 47) fully licensed Bars and opens out onto the street with with sliding glass doors and extra outdoor dining. seating for 150 in over 3000 sq ft of genuine Irish Pub atmosphere. Featuring multiple TV's, Dart boards and a Superior sound system this fully Turn Key Pub opportunity require NO investment and consistently produces a profit every month.

The lease has 11 years remaining and is extremely competitive at only $1.50 per sq ft.

This is a "REAL IRISH PUB" and an opportunity not to be missed.

This is a Paramount Restaurant Brokers, Inc. Listing.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
San Francisco Metro
Lease Term:
Expires December 2012 + 2 x 5 yr options
Total Monthly Rent:
$4,772
Security Deposit:
$4,772

Financials

Last Year's Annual Gross:
$1,266,534
Last Year's Owner's Cash Flow:
$251,377
Last Year's Food Cost %:
37.5
Last Year's Payroll Cost %:
18.7
Last Year's Rent %:
4.4

Operations

Liquor License:
47
# of Part-Time Employees:
15
Hours Open:
7 days a week
11.00am - 1.00am
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
Inside Sq. Ft.:
3000
Outside Sq. Ft.:
300

Highlights

  • Seller will Carry 50% for extremely qualified buyers
  • Absentee Owner
  • Beautifully and Originally Decorated
  • Absolutely Turn Key
  • Over 5000 sq ft included basement storage
  • Full Financials available to qualified Buyers
  • A True Irish Pub situated in the North Bay Wine Country area
  • Profitable Each Month
  • Huge Growth since 2008
  • A True Irish Pub
  • Enjoy a high standard of living
  • Be the Owner of this successful business

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 32,232
Households 5-mi
2010 Number Of Households 13,069
2010 Persons Per Household 2.44
Median House Value $546,300
Income Per Household $76,813
Businesses 5-mi
2009 Number Of Businesses 1,209
2012 Number Of Employees 22,700
2012 Total Annual Payroll $466,024,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

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