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Turnkey Bar Restaurant New Upfit
Location: United States -> North Carolina -> Wake County
Industry: Bars and Nightclubs > Bars and Pubs

Business Summary

Turnkey opp. on a $250k upfit! Established clientele, bar restaurant for sale with full staff ready to go. This bar is in an awesome location with a food store anchor. High end remodel with concrete counter tops and flooring, trim throughout. Horeshoe bar seats 30 with restaurant seating 50 in 4000 sq ft. Arcade games, darts, $35k TV sound system. Established local crowd bringing in at least $1.2 last year. 25 employees all trained serving award winning Ribs and wings, burgers, salads etc. Can't beat the menu- nothing like it around. Been established 7 years proven track record. Kitchen loaded with all goodies including a brand new appliances. Smoker in kitchen for authentic barbecue. Dance floor in bar area packing them in all weekend. Should be able to kill last year's numbers with this upfit. Turn key operation, owner willing to train, reliable managers and staff which is hard to beat. Outdoor seating area also which holds 25. Great visibility on corner. Grand reopening after fire coming within this week, so get in now before price goes up. This bar / restaurant is like no other featuring a fully enclosed non smoking restaurant side to keep patrons happy. Wide open design is inviting. Custom wainscoting and decorative trim throughout including a custom built bar back. Walk in freezer and dry storage, secured food contracts, beer and soda contracts. If you want this turn key money maker you better act fast. Recession has not hit us yet! Great local crowd loyal to the place. What else can I say but you better come look at it soon, or it will go.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,300,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  By owner.
Reason For Selling:  Wife.

Print Listing Id: 700101527
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers

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