Bar and Grill in Oconee County, SC - 30391

Not Disclosed, SC
Oconee County


Asking Price: Annual Revenue:
$115,000 $235,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar and Grill in Oconee County, SC - 30391 Broker: David Mcpherson

Quick Facts

Asking Price: $115,000
Annual Revenue: $235,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 81464447
Broker Reference #: 30391

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Business Overview:

Located near a major university, this bar and grill has always been a favorite local spot for sports, karaoke, drinks, fun and food. First established around 40 years ago, the restaurant is located on a major highway with good access and parking. Just over one year ago when the seller first took over, the present owner invested $150,000 in upgrades to the facility. The bar and grill now features several big screen tvs for sports and a karaoke stage, making it a popular night spot. Menu features traditional American (burgers, wings, etc.), Greek and Mediterranean. All ABC permits. Due to the demands of running a separate restaurant, the owner has only been operating this business five nights per week - 5 to 10:00 PM. The new owner could easily expand hours and days of operation to greatly increase volume. Rent on the 4,200 square feet building is only $1,500 per month with a 13-year lease. Owner only selling due to other business obligations and will consider some financing. Great opportunity to acquire a growth opportunity located in an affluent and vibrant part of the state.

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Reason for Selling:

Other

Additional Details:

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

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