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Profitable Sports Bar / Restaurant / Nightclub
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $728000
Net Profit / Cash Flow $48000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 10 - 19
Inventory 190000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training We will support new owners as needed.
Reason for Sale We bought it with the intention of taking it from the green to the red and then selling. We have two young kids and other ideas we'd like to pursue.
Description JD Shuckers Restaurant and Sports Theater for sale has a dining/bar capacity of 225 (around 11,000sq ft), a newly remodeled and equipped kitchen, great staff, amazing deco and audio/visual, and best of all...is profiting around $1,000/week. It has great food, great location, and very little competition. Many events are featured..weekly karaoke, dance djs, shag club, open mic night, and live rock on Saturdays. Great lease...$5,000!
Our asking price is $250,000...that includes all assets from the backoffice to the kitchen to the front patio (a large, nice patio with iron tables and chairs) and all the big screens and 13 tvs between. You'll also be buying a business that grosses at $728,000/yr with an overhead of at $680,000/yr. I have all the paperwork, files, receipts, checks, reports, etc. that you'll need to back up the numbers.
My wife and I bought it in poor condition (it was run-down and losing about $4,000/wk), renovated it, restaffed it, introduced a new menu and food, and have taken it to its current successful status, with plenty more room to grow. We like doing it, but we have two young kids and other business ideas we'd like to spend time on. jdshuckers.com. Email or call Daniel at 704-322-5529.
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