Successful Pub/Tavern Offering - Financing

Charlotte, NC
Mecklenburg County

Asking Price: Annual Revenue:
$150,000 $375,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Successful Pub/Tavern Offering - Financing Broker: James McGeehan
Owner Financing is Available!

Quick Facts

Asking Price: $150,000
Annual Revenue: $375,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $19,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 10
BBN Listing #: 877456159
Broker Reference #: Not Disclosed

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Business Overview:

Successful established Pub known for its great tasting Pub food.
Best Cheese-Steak in Town.
Owner has not had to do much advertising to keep the Pub busy and cash flowing.
Membership model has been perfected here and seems to keep quality high end clientele happy and active in the Pub.
Annual fee of Membership in $35. Currently there are about 150 active members.
Owner has had the concept since 1994 -Charlotte Pub is the 4th location under this name.

Gross Revenue
2018 $375,000
2017 $250,000
2016 $295,000

Live music DJ on Friday and Saturday nights

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Property Features and Assets:

3,200 SQ FT. Very Cheap Rent only $3,700 per month including CAM Elect $500 /mo TV $ 150/month. Training: Owner to stay on for 2 weeks.

Market Competition and Expansion:

No similar clubs in the area. Do more advertising--Social Media to increase membership base.

Reason for Selling:

Family reasons.

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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