This well-established local pub is one of Salisbury Beach's "favorite local hangouts"! Located North of the Salisbury Beach center, this is a fun, friendly neighborhood pub and a great place to meet up with friends! There is beer on tap, MA State Lottery/KENO & scratch tickets, a pool table, the latest TouchTunes digital jukebox, an ATM, free WI-FI and free ample parking in both the front and back lots, and on the side of the building, as well as street parking. The pub is open year round, 7 days a week. In the busy summer months, the pub hosts live local acoustic music. No food is served but there are many local restaurants, pizza & sub shops & Chinese restaurants who deliver. This is an ideal pub to host private parties of up to 55 people.

***The seller requires interested buyers to sign an NDA (Non Disclosure Agreement) as well as show proof of funds and/or a pre-qualification letter from a bank prior to sharing any financial and/or private information. ***

NO WALK-INS OR PHONE CALLS PLEASE!!! AND NO SOLICITATIONS FROM THIRD PARTIES, REALTORS OR OTHER...

Why the business is an attractive proposition to a buyer:

- Profitable, well-established TURN-KEY local pub focused on MA State lottery sales (Keno + scratch tickets with option of adding pull tab tickets)

- located across the street from busy beach, lots of rental/seasonal beach properties

- built-in regular clientele - some of whom have been frequenting this pub for 15+ years

- ample parking (front & back parking lots, for plaza customers only - ca 50 spaces including handicapped) plus public parking on side of building & street parking

- MA State Lottery sales cover cost of rent plus additional sales

- MA State Lottery sales have steadily increased since business opened

- 5 year lease remaining

- Last available year round liquor license NOT tied to sale of food

- open diner/restaurant space (adjoining wall; used to be set of French doors in between) that is available to lease.

- possibility of leasing laundromat (Suds + Buds???)

- low overhead cost

Brief business highlights:

High MA State Lottery/KENO sales - 1st bar on US Rte 1A (N End Blvd) in MA over NH border that has KENO! This is a very big local draw as there is NO Keno in NH.

Main promotional methods

Strong word-of-mouth referrals from satisfied customers has been a major contributor to profitable growth over time, allowing promo budget to be contained. Heavy social media presence (ca. 2,000 likes on Facebook; some Twitter) with boosted events and paid ads for events (avg. $10-20 max/event for a targeted reach of 2000+); occasional local/seasonal newspaper ads in summer; in-house advertising of events (flyers, etc.); member of Chamber of Commerce (grassroots marketing, networking).

Customer profile

loyal, diversified customer base of locally based customers.

Average customer is 40yo+, friendly, local. The summer brings a very versatile mix of renters & summer regulars/property owners, many of whom can walk to the pub.

Population in 2016: 9,261 (up 17% since 2000) and growing (year-round population); estimated median household income $76,000 (was $42,000 in 2000); Salisbury continues to grow/expand as a year-round destination

Main advantage(s) over nearest competitors

Most focused KENO bar on the beach

ample parking and more than any other pub offering Keno at the beach

very clean pub (well known for cleanliness)

nice friendly clientele/local and comfortable atmosphere

Salisbury Beach is currently undergoing an upwards trend with the allocation of State funds to build boardwalk and talks/negotiations to redevelop Salisbury Beach, with the South Block Phase 1 of the rebuilding of the beach center (1/2 mile from pub)

Key financial facts and forecasts

3 years Profit and Loss statements available upon request, and after bank pre-approval of loan/monies available & signing of NDA

Price and terms: contact for price; no owner financing available

Type of business sale

Turn-key with all furniture, equipment and inventory (liquor) included (detailed equipment list available upon request). Seeking 100% transfer of ownership including transfer of lease (5 years remaining), transfer of liquor license and MA State Lottery licenses (contingent upon approval).

do NOT contact me with unsolicited services or offers