Hot Listing

Rare Opportunity! Classic Raleigh Bar & Tavern

Asking Price$395,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,900,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave
Hot Listing

Rare Opportunity! Classic Raleigh Bar & Tavern


Asking Price$395,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,900,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Own this local favorite Tavern/Bar in Raleigh! With a staff and management team in place, this is an excellent opportunity for someone who wants to expand their presence in the market, or get started in the industry. This business has fully equipped kitchen (including chargrill, griddle, range, fryers, and walk-in fridge/freezer) turning out classic pub grub, a full liquor bar, and plenty of beers on tap. Local Icon Tavern in business for 20+years, with VERY FAVORABLE RENT for such a unique location. Fully equipped, and turn-key, the premises are around 3200 square feet with a reasonable rent of about $9,000 per month.

Profitable, with annual revenue in the range of $1.9 million plus, the owners are taking out over $250,000/year with owners benefits.

Partial seller financing may be available to well qualified purchasers

Highly confidential listing. NOTE PHOTO REPRESENTATIVE BUT NOT ACTUAL LISTING!
Contact broker for additional information.

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About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,200
Rent
$9,000.00 per month
Lease Expiration
4/30/2029
About the Sale
Seller Motivation
Health reasons. Owner must retire
Transition Support
Owners will provide reasonable transitional training.
Financing Options
Some seller financing will be considered for qualified buyer.
Listing Info
ID
2229007
Listing Views
5484

Contact Seller

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Business Listed by: Bill Boyd Boyd Brokerage Associates, LLC

Listing ID: 2229007 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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