Bar & Grill
Location:
United States
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South Carolina
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Myrtle Beach
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Established in 1998, this bar & grill is a popular spot year round! It has consistent revenue during winter months and huge seasonal crowds enhance this firm establishment. It is among the few after-hours night scenes the area has to offer. Serving American comfort food from a space saving utility kitchen, 50’s Retro décor, fun murals of days gone by, and wall coverings of everything from Rte 66 signposts to Dorothy of OZ. Entertainment includes a jukebox, pool table, booth seating flat screens, bar seating video games, and a raised platform DJ booth over a hardwood dance floor. After 15 years, this establishment boasts a loyal client base and it heats up as the outside temperature rises and the tourist season begins…14 million annual visitors! Square footage of 2500 encompasses security cameras & video system, 2 restrooms, fire code sprinkler system and 2 entrance/exits. Owner looks to sell both building and business, recently appraised at $336k and $65k respectively. The ROI is imminent for the savvy investor/owner. Myrtle Beach is no longer a well-kept secret, being ranked among Travel & Leisure Magazine, Money Magazine, and most recently, TripAdvisor.com. Seller MOTIVATED!
Financials
Asking Price Range: < $250K
Gross Revenues:
$100,000
Cash Flow:
$80,000
Cash Flow Type: EBITDA
Inventory: $107,729
Seller Financing: Yes
About The Business
Year Established: 1998
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Open. Reason For Selling: Retirement.
Click on the "Contact Seller" button for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700167250
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