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The Pub - Established Bar & Restaurant with Type R Liquor License Plus Two Apartments

Address: 2532 Swamp Pike, New Hanover Twp, Montgomery County, PA (Mailing Address 2532 Swamp Pike, Pottstown, PA 19464)

Highlights: Turn Key Property with Multiple Cash Flow Revenue Streams

"The Pub has been a profitable staple in the area for decades and is ready for new owners to make it their own. The *8400 + Total SF building is situated on 1.6 acres and offers a fully operational restaurant/ bar with coveted Montgomery County type “R” liquor license. The main dining room has a stage, dance floor area and a 35 seat horseshoe bar that flows into the semi private dining room. Back of the house offers a fully equipped kitchen, office, several storage rooms and two large walk-in coolers.

The additional 2,000 sq ft deck provides an area with ample additional seating that can be rented out for private events. The large covered deck features industrial glass garage doors that open and close connecting it to the open-air deck, making the space usable for at least 3 full seasons.

The expansive private parking lot provides 69 spaces and a wooded view.

There are two 1 bedroom 1 bath + den apartments on second story with private deck, offering an additional income stream.

Located on a heavily traveled main artery, the property enjoys excellent visibility and exposure from the nearly 13,000 passing cars per day." -Owner

Sale price includes all assets which consists of: real estate, building, Type R liquor license, FF&E and inventory.
Financial: Bar Gross 780k, Rental income 20k (34% under current market value), Vending averaging 70k.
Pro-forma $1million annual with increased hours and expanded Menu.
Seller assisted financing available for the right deal and qualified buyer.
Documents: Commercial Property Information Sheet, Upgrade Plans and Twp Requirements are in Documents Folder.
Detailed financials upon request to qualified buyer.

Location: 2532 Swamp Pike New Hanover Township Montgomery County, PA Boyertown School District (Pottstown address is for mailing purpose only)

Building Total SF: *8400+ Includes 2 apartments Sq Footage
Facilities: Turnkey Bar-Restaurant Facility, 69 Parking Spaces
Selling: All assets of which includes: All Real Estate, Building, FF&E, Inventory, Fully Equipped Restaurant and Bar w/Type R Liquor License

Additional Improvements: Covered Large Deck
Condition: Well Maintained w/ 2 Apartments (Tenant Occupied)
Financing: Some Owner Financing To Qualified Buyer
Support & Training: Seller will offer training for the new buyer.
Reason for Selling: Owner Retiring December 3, 2023
UPDATE: Owner has retired on December 3, 2023 Business is now closed and looking for a new owner.

Listed by Gary A Pace of Richard A Zuber Realty-Royersford

Property Details of 2532 Swamp Pike

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