Popular Greenville NC Restaurant And Bar
Greenville, NC Pitt County
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- RE: Popular Greenville NC Restaurant And Bar
- Contact: Sean Rollins
Quick Facts
| Asking Price: | $190,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $208,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 936483 | |
| Broker Reference #: | 13485-339283 |
Business Overview:
"DAP House" has been a staple in the community since 2015 and has a reputation of fantastic food, drinks, and service. They have a 4.6 star rating on Google with 513 reviews!
Dickinson Avenue Public House is currently not operating. Since the recent announcement that they would be closing, there has been a waive of outreach from the public expressing their sorrow after hearing the news.There is a strong push from the community for this restaurant to re-open, making this a great opportunity for a new owner to purchase a beloved restaurant. With that being said the new owner/
owners would be buying:
- An eclectic restaurant with amazing reputation
- A restaurant which grossed between $1MM and $1.2 MM per year
- Fully built out turnkey business
- ABC permit still currently in place
- Approximately $220,000 worth of furniture, fixtures, equipment, and inventory (replacement cost)
- The ability to step into a premier location in the booming Arts and Entertainment district of Uptown Greenville
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Property Features and Assets:
Monthly Rent: $5,872.00
Square Units (Foot, Meter): 4,011
Lease Expiration Date: February 28, 2026, 9:00:00 PM
Market Competition and Expansion:
Expansion: The Arts and Entertainment District is rapidly growing along with Greenville. There is new construction taking place in Uptown Greenville including two hotels within walking distance. Should the new owners have a good concept and culture, there is no reason they will not experience organic growth as the city continues to grow.
DAP House has been owned and operated by a team of Greenville restaurateurs since 2015. The owners were among the first business owners to recognize the potential of the up and coming Entertainment and Arts District in Uptown Greenville. Since then they have grown to be one of the most well liked restaurants in town.
Reason for Selling:
Focusing on other businesses
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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