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- RE: Profitable Restaurant And Bar For Sale In Forest City! $133K Benefit
- Contact: Robin Gagnon
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $1,088,556 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $133,268 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 25 | |
| BBN Listing #: | 1006422 | |
| Broker Reference #: | 20505 |
Business Overview:
Own this profitable Restaurant and Bar for Sale in Forest City area showing $1,088,556 in sales and $133,268 in Owner Benefit. Books and records are clean, supported by POS reports and tax filings, and this is a true turnkey operation marketed by We Sell Restaurants. Ask about SBA lending with 15 percent down for qualified buyers to make ownership simple and keep more cash in reserve on day one.This Restaurant and Bar for Sale operates in approximately 4,500 square feet with seating for 78 inside and patio seating for about 25 outside, ideal for groups, families and game days. Rent is an attractive $4,600 per month with a lease in place through 2030, plus an attached parking lot that makes access and carryout convenient. Beer and wine license is in place, and current hours run Wednesday through Sunday for lunch, dinner and weekend brunch, leaving room to add Monday and Tuesday or late night service.Step into a strong team of 25 with a GM, Kitchen Manager and Front of House Manager driving daily results and maintaining standards. Well trained staff will support a smooth handoff, with checklists, recipes and vendor relationships ready to transfer, and the owner plus operating manager will assist during transition to ensure continuity. Buyer prequalification of around $71,000 is required to receive confidential details, view financials and schedule tours.Take over a fully equipped commercial kitchen and bar that is built to handle volume from day one, so your focus stays on marketing and service rather than build out. The layout suits burgers, barbecue, American fare, brunch, catering and game day gatherings, with flexible seating, an inviting bar and a welcoming patio that boosts average check. Keep the winning concept or bring your own brand to this proven second generation space, plug into existing demand and capture incremental sales through catering, delivery and events.Buy this Forest City bar and grill for only $249,000 and capture $133,268 in Owner Benefit while you expand hours, add entertainment and deepen community partnerships across Rutherford County. Qualified buyers can pursue SBA lending with 15 percent down, take advantage of training and a ready to run team, and move quickly on a rare turnkey opportunity, so bring your offer to We Sell Restaurants today.
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Contact the Seller:
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Property Features and Assets:
Bar stools and tables
25 table / chair combinations
full stocked bar with draft system, low boy counter top coolers, shelving, dish washer, soft drink machine, ice bin.
Televisions
4 booths
4 outdoor picnic tables
multiple outdoor dining furniture
Sound system and full security system
Various office equip
Point of sale system
Walk in cooler and freezer
Hood system
Prep tables
Shelving
coffee machine
Flat top grill
Charbroiler grill
2 burner saute station
3 commercial fryers
Dish machine
3 bason sink
4 kitchen sinks / or thaw sink
low boy chef station
hot bar
warmers
sandwich prep station
expo station equipment.
Market Competition and Expansion:
The location is in a wonderful downtown, short drive from 6 surrounding counties, including a great customer base from Spartanburg, SC.
Reason for Selling:
Other. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- 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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