The Stout Snug currently under contract is a Irish themed Restaurant and bar with an attached Ice cream parlor. the Business is currently generating 1.3 million per year in gross revenue. After the purchase we are adding the Coffee Shop to the Ice cream parlor to have a duel purpose along with extending the business hours to capture coffee drinkers in the morning, and a light breakfast offerings, expasnd the lunch crowed in the industrial backdrop of the divergent location and keep the night life going. Estimated gross revenue will top $2, million per year. the Restaurant currently has a staff of 15, we will be creating 10 more jobs.
***A snippit from the Business plan****
The Stout Snug, currently operating from Wednesday through Sunday from noon to midnight, We have big plans to expand its hours of operation. We envision transforming our establishment into a true 7-day-a-week destination, catering to early risers and night owls alike. Picture this: opening our doors at 5 am, with the tantalizing aroma of freshly brewed coffee and the promise of a delightful breakfast to kickstart your day. As the morning unfolds, our ice cream shop and bar will gradually come to life, offering an enticing array of creamy cocktail concoctions and a tempting selection of 31 flavors of ice cream and milkshakes.
But that's not all. We're not only about satisfying your sweet tooth or serving up delicious beverages. We're also committed to providing a convenient and efficient pickup location for those on-the-go. By partnering with popular platforms like Grubhub and Uber Eats, we'll become the go-to spot for tasteful takeout options, catering to the needs of local businesses and individuals seeking a quick and flavorful meal.
Our Irish-themed pub is truly a gem within The Stout Snug. With 14 craft beer options and a full range of mouthwatering cocktails, it's the perfect complement to our already renowned scratch-made dishes, crafted with love using locally sourced ingredients.
The Stout Snug is uniquely positioned to take advantage of several key factors that give us an edge over the competition. Our cozy neighborhood pub is located in a bustling part of town with plenty of foot traffic and short-term street parking, making us an ideal spot for grabbing a quick bite or drink. The dedicated parking lot behind our patio provides additional convenient access for larger groups staying for an evening out.
Our diverse offerings ranging from craft beers to signature cocktails to gourmet ice cream allow us to attract a wide customer demographic. The pub menu features exciting fusion dishes made with fresh, local ingredients while the ice cream shop offers unique flavors and homemade waffle cones. This variety under one roof drives repeat business from customers looking for different experiences.
Entertainment is another advantage for The Stout Snug. With live music booked throughout the year, we provide a vibrant social atmosphere perfect for nights out with friends. Our lineup includes local bands across genres, appealing to diverse tastes. The pub layout facilitates mingling while allowing intimate conversations in booths and corners.
In addition, our experienced leadership team has a proven track record of successfully operating hospitality businesses in the area. Their expertise in all aspects of restaurant and bar management ensures efficient operations and high-quality service.
A full business plan is avalible with finacial projections and a current P&L for 2024 to April 15th.
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