Woodbridge Pub owner Jim Geary is getting out of the restaurant business. Crain’s first-reports that after operating the neighborhood bar and restaurant for close to nine years, Geary is putting his property up for sale to focus on other development and renovation projects in the neighborhood.
The pub along with a two-story industrial shop at 1520 Merrick St. and a small vacant property bounded by Trumbull and Merrick St. has been listed through James Tumey of The Loft Warehouse for $1.225 million. Geary hopes the future owners will take the restaurant with its casual atmosphere and approachable sandwich and burger-filled menu “to the next level.”
While in its early years the restaurant and bar pulled in around $1 million in annual revenue, Geary tells Crain’s the average has declined to around $750,000 over the past two years perhaps due in part to the rapid expansion of new dining options in the area. The sale will include Woodbridge Pub’s liquor license and equipment.
Additionally, the listing also features renderings of a possible brewery to help interested parties envision the potential uses of the shop on Merrick.
Woodbridge has attracted more developments in recent years. Former Woodbridge Pub pop-up Pie-Sci opened its own pizzeria on Trumbull last summer and a new cafe is expected to debut a few blocks away later this year. Check out the full details on the pub’s listing below:
• All Up For Grabs Coverage [ED]
• All Woodbridge Pub Coverage [ED]