Bar And Grill With Music Venue In Columbia SC
Columbia, SC Richland County
Seller's Contact Information
- RE: Bar And Grill With Music Venue In Columbia SC
- Contact: Steve Hawley
Quick Facts
| Asking Price: | $145,000 | |
| Annual Revenue: | $878,087 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $185,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 120,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 55 | |
| BBN Listing #: | 19155468 | |
| Broker Reference #: | 66448-517457 |
Business Overview:
Price Reduced - Students back on USC campus and SEC football weekends start in less than a month. Now is the perfect time to buy a well established Bar and Grill with Live Music Venue located on a prime corner location near the USC campus.
Bar and Grill has been in operation since 2012 and the Live Music Venue has been in operation since 2019. These two businesses are in adjacent buildings and have connecting passage ways. They are listed to sell as one unit. The Bar and Grill has an indoor area, as well as outdoor bar with covered patio. The Live Music Venue is over 4,200 square feet with stage, sound system control booth, bar and VIP seating area. Located in close proximity to the University of South Carolina main campus. This bar, grill and music venue are very popular and has been very successful. Revenues and profits were climbing before the U of SC campus was closed due to the pandemic. Once reopened, the business has returned. The current owner has remodeled and invested heavily to create a more complete grill menu offering, remodeled the premises and added a catering service to the business operation.
There are other bars, grills and music venues in the U of SC campus area. However, this operation is in a prime location and has the largest live music venue with with a bar and grill in the U of SC campus area. The biggest weekend of the year is the Annual St Pats Celebration and this operation is located in the heart of all the main activities. The catering side of the business offers additional income opportunities.
Growth is primed and ready for this business. The pandemic is over, students are back, football weekend for USC are just around the corner. The grill menu was recently expanded which provides a greater opportunity for lunch and dinner traffic. The Live Music Venue has continued to grow with with bookings after the remodeling and the addition of a VIP seating area. The newly created catering side of the business also provides growth opportunities. The current owners have invested in the business and have it running smoothly and profitably.
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Reason for Selling:
Other interests.
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
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