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Business For Sale

Popular Bar Provides Area Attractions

wake, NC

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$150,000
$405,433
Not Disclosed
$66,970
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2001
5
830827526
Owner Financing is Available!
Some seller financing available for qualified buyer

Business Overview:

This is a fantastic opportunity to own a bar that provides array of entertainment. It has a lot for customers to do, with a friendly mix of adults of all ages: pool, darts, dancing, live bands, DJ/karaoke, 7 TVs, NFL Sunday Ticket, happy hour, drink specials, food, friendly staff, outdoor patio, and great special events! With $66,971 in sellers discretionary earnings for 2010 this opportunity presents and excellent opportunity for an owner operator to have an immediate return on capital and room for upside improvement.

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:

The structure is eye catching and unique. The facility is comprised of approximately 3,000 square feet of space and has a unique design that sets it apart from other bars. There is a full service kitchen, outdoor patio, stage, and dance floor.There is ample parking for its customers.

Market Competition and Expansion:

Competition: This is the only establishment of its kind in the area, it is well established and it has a fantastic reputation with customers such as entertainment, dart, and other sports leagues, etc. Growth and Expansion: The business has a full service kitchen that would allow the bar to serve a wide menu selection. Currently only a few items such as pizza, hot dogs, sandwiches and wraps are being served as mainly snack food. A restaurant option would allow the establishment to be able to operate as a bar/tavern without a private club restriction. Continued marketing and new initiatives could be instituted to further increase revenue. Also, the establishment should continue to capitalize on the high growth and continued revitalization of the surrounding area.

Reason for Selling:

Other business interest

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.