Private Greensboro Bar & Grill W / Seller Financing
www.GlobalBX.com
Listing ID:
700342038
Listing Title:
Private Greensboro Bar & Grill W / Seller Financing
Quick Link:
http://www.globalbx.com/listing.asp?bId=342038
Industry:
Bars and Nightclubs
Industry Segment:
Bars and Pubs
Country:
United States
State / Province:
North Carolina
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
EBITDA
Year Established:
2018
Number of Employees:
1 - 3
Business Description:
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.
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