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Major Franchise Restaurant / Bar For Sale
Location: United States -> South Carolina -> Columbia
Industry: Bars and Nightclubs > Bars and Pubs



Business Summary

Franchise Restaurant/Bar Bargain Price

National Franchise Bar and Restaurant with a European theme. Priced well below start up costs. Located in one of the busiest and most affluent areas of town. Absentee ownership has been the only thing holding this bar back. Active owner would have a big advantage. Buyer must qualify for transfer with Franchise.

Facilities: 5900 square foot building. Can be leased or purchased for $1.7M

Competition: This business would greatly benefit from an active owner with Restaurant/Bar experience.

Growth & Expansion: Franchise has recently instituted changes to refresh the brand and lower food costs.Support & Training: Full management staff in place. Bar is currently run by GM as Owner is 100% absentee.

Price $245,000

Serious Inquiries only please

Anthony John Rigney PA
Florida Business Exchange
(904) 725-7677

Financials
Asking Price Range:  < $250K
Gross Revenues:   $1,416,742
Cash Flow:   $116,930
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $215,000
Seller Financing:  Not Disclosed

About The Business
Year Established:  2014
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale
Management Training and Support:  Full Management Staff in Place. 100% absentee run.
Reason For Selling:  Discuss with Seller

Photos

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Major Franchise Restaurant / Bar For Sale Photo 1




Print Listing Id: 700260434
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

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



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