Beautiful Restaurant and Bar for Sale

Thomasville, NC
Davidson County


Asking Price: Annual Revenue:
$199,900 $772,085

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Beautiful Restaurant and Bar for Sale Broker: Tabby Hemphill

Quick Facts

Asking Price: $199,900
Annual Revenue: $772,085
Net Profit: Not Disclosed
Cash Flow: $52,292
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 25
BBN Listing #: 6778096
Broker Reference #: 8667

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Business Overview:

This Restaurant and Bar for Sale in the charming downtown Thomasville is ready to go for new owner! Just a short thirty-minute drive to Winston Salem and Greensboro, and less than an hour to Charlotte makes this ideal town to settle in and not pay the big city prices. Beautiful buildout on this 9,700 square foot space offers a separate event space for hosting meetings, parties, reunions, and rehearsal dinners.

This historic 9,700 square foot space has the perfect setup and is ready to go for any new owner looking for a great space in Thomasville. This stunning building offers a bar separate from the main dining area with seating for 35 for those patrons just looking to watch the game and enjoy a drink. The main dining room of this Restaurant and Bar for Sale offers seating for eighty and has a separate bar just for the main dining area.

This Restaurant and Bar for Sale exclusively offered by We Sell Restaurants has an event space on the top floor that is the perfect setup for hosting events. Seating for 250 with a separate bar and balcony and tastefully decorated for any event you can plan. Currently, it is well utilized as the meeting place for corporate companies, rehearsal dinners, civic meetings, and more.

The sellers have invested plenty in the décor, layout, equipment and buildout of this stunning space. The new owner of this Restaurant and Bar for Sale only needs to walk in the door to continue the legacy of this downtown gem. Fully equipped and turn-key, this space comes with everything inside, smallwares, chairs, fully furnished kitchen, everything is in place and most equipment is less than two years old!

The lease rate on this Restaurant and Bar for Sale is astonishing. Just $3,616 for the entire 9,700 square foot space. There is room in the basement for additional income as a commissary kitchen, or a separate bakery space for the restaurant. The potential is unlimited in this building! Don’t spend three and four times the amount of rent in nearby areas, when this treasure is just waiting for you to claim it.

Fully staffed with twenty-five well trained, and knowledgeable team members help keep this Bar for Sale running smoothly daily. Seller is willing to provide at least three weeks training at no additional cost to help transition a new owner. The seller has worked hard to become the exclusive caterer to many of the local business, and corporations, and is willing to make sure the introductions and planning is in place for the new owner to continue down a successful path.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Seller to provide.

Market Competition and Expansion:

No competition in the area, super low rent, exclusive caterer for most of the town and business's around.

Reason for Selling:

Relocation

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.

Relevant Links:

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