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Private Greensboro Bar & Grill W / Seller Financing
Location: United States -> North Carolina
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Popular Private Greensboro Bar and Grill located in a desirable high traffic area

Semi absentee with management in place

$3500,000 in leasehold improvements, an addition, new plumbing, and electrical done this year

$100,000 in new FFE (furnitures, fixtures, and equipment) included

$120,000 in new kitchen equipment (landlord owned)

$7,000 in inventory is also included in the sale

9 years left on the lease with two 5 year renewable options

Asking price is $300,000 with $150,000 down .

Terms are seller note shall be amortized over 120 months with a monthly payment of $1,780.53. A balloon payment is due month 25.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $107,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  other interests




Print Listing Id: 700342038
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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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