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Business For Sale

Great Neighborhood Bar

Raleigh/Durham, NC

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$80,000
$112,000
Not Disclosed
$30,508
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
8
948533534
Owner Financing is Available!

Business Overview:

Explore this great neighborhood bar for sale. Business centrally located in exclusive neighborhood near a Major North Carolina University. Financing options available for qualified buyers with approved downpayment. • Lease rate is $1,450 for 2,400 sq. ft. including CAM. • Limited hours of operation. • Approved Beer, Wine and Liquor License. • Average home price in neighborhood is $300,000. • 27 parking spots. • Two major golf courses within 2 miles. • Located on main intersection in suburban area. Business is operating as a private club with a customer base of 60% residence and 40% graduate students. Currently there are 600 registered memberships. The current owner rents the facility for private parties to increase revenue and is willing to stay on to train new owner. The lease is $7.25 per square foot which is less than half the average commercial lease rate. Contact us today at (919)-787-0566 to learn more.

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.

Reason for Selling:

The owner has accepted a job out of state that starts in the fall of 2012.

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.