Business for Sale Overview:
Check out this cozy and inviting 4,812 square feet bar and grill in a town close to Raleigh. One side is a great bar and the other is a full service restaurant, serving American fare in a family atmosphere. Steak, pasta, sandwiches, wraps, etc. Owner has invested $160,000 in renovations and build-out. This business is fully equipped and staffed and ready for a turn key sale. Owner is anxious to concentrate his efforts on his full time profession.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
4,812 square feet. Rent, with option to buy, first year is $3,500 per month. Thereafter, $4,500 per month. Real estate is for sale at $699,000. Excellent condition. Commercial neighborhood. Plenty of parking.
Market Competition and Expansion:
Furniture, Fixtures & Equipment: $100,000.
Inventory: $10,000 (included in price).
Reason for Selling:
New business opportunities.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.