Prime Downtown Bar For Sale
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $429000
Net Profit / Cash Flow $99000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2009
Number of Employees 4 - 5
Inventory 75000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Negotiable
Reason for Sale Owner wants to move out of area
Description The location is what makes this business special. It is located in a RARE location that is as perfect as it gets for a restaurant or bar. The business is solid; it's existed for about 15 years, with the current owner owning it for 2.5 years. They offer live bands and a bar atmosphere with a casual, popular menu. Inside there is a large stage. The rent is reasonable for a prime location and it offers the best drive by and pedestrian traffic. Currently, they are closed 2 days a week. This is a hard-to-beat package for a new concept OR keep it - it is turn-key. Asking price is $199,000.
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