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Proven & Profitable Bar???columbia (sc) Area
Location: United States
Industry: Bars and Nightclubs > Bars and Pubs

Business Summary

REDUCED! Proven & Profitable Bar For Sale-Columbia (SC) Area

This remarkable little bar has undergone a transformation over the past year and is truly successful. Located in a busy and fast-growing part of the South Carolina Midlands, it is priced to sell and can provide a new owner with an impressive return from day one.

Seller financing is available with half down. The current owners have upgraded the entire facility and expanded the offerings to include more food and live entertainment.

A loyal clientele keeps this neighborhood bar humming for 18 or so hours every day. A great staff is in place, and the owners, who will be relocating, are willing to coach up and train a new owner for a couple of weeks.

All inventory and FF&E are included in the sales price. Get a business that cash flows just under $100K for a little bit down.
This bar was first opened in the early 1990s and has had three owners. The current owners have had it for just over one year. The individual they purchased it from owned it for about seven years.
Very little competition in the form of small, neighborhood bars. Many chain restaurants dot the local vicinity, but the number of similar taverns is small.

The current owners have completely remodeled the bar and brightened up the decor. They have also increased the number of live events, and an owner that is open to increasing them even more would create significant additional cash flow.

Bar area, complete with counter and bar stools. Food prep and storage area. Multi-use area with tables and chairs for live entertainment or daily bar patronage. Rear deck for outdoor seating.


Asking Price Range:  < $250K
Gross Revenues:   $333,233
Cash Flow:   $91,642
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $15,000
Seller Financing:  Yes

About The Business

Year Established:  1990
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:  relocating

Print Listing Id: 700379715
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease

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