Bar For Sale At Affordable Price in Columbia, SC

Not Disclosed, SC
Lexington County


Asking Price: Annual Revenue:
$129,000 $350,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar For Sale At Affordable Price in Columbia, SC Broker: Tim Cahill

Quick Facts

Asking Price: $129,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $149,700
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 8
BBN Listing #: 219562502
Broker Reference #: 85236-150183

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Business Overview:

Exciting opportunity to own a turnkey bar in a busy part of the greater Columbia, South Carolina area. This bar—serving beer, wine, and liquor—has been around for over 40 years and has established a reliable clientele for both daytime and evening hours. Featuring a full kitchen and a spacious floor plan, this virtually competition-free neighborhood bar is a great opportunity for someone to either first enter the bar business or expand their current portfolio.

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Property Features and Assets:

Bar first opened in 1979. Current owner is the fourth owner of the business.

Market Competition and Expansion:

This bar operates virtually competition-free. There is an adult entertainment business located about 1.1 miles away, and one very small bar just up the street. But this location caters to the loyal neighborhood folks for daytime business and the several hundred second-shift employees who work nearby. The opportunity for growth is great with an expansion of the kitchen hours and menu. Currently, food is served only during the evening. However, by opening the kitchen up during the noon hour, additional revenues could be generated from the number of businesses and residences located close by.

Reason for Selling:

Retiring

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.

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