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Business for Sale Summary

Combination Bar/Restaurant & Beer and Wine Store - 29223

Business Type: retailing businesses,bar/tavern/night clubs,convenience store,delicatessen/catering services,restaurant/ cafes
Combination Bar/Restaurant & Beer and Wine Store
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Financial Information (non-confidential)

General Information
Asking Price $160,000 Down Payment $160,000
Gross Revenues $210,000 Lease Remaining Register Free to View
Owner’s Cash Flow $76,800 Number of FT Employees Register Free to View

Financing

$160,000 Down and Negotiable

Business Description

This new unique bar/restaurant, craft beer and wine store is a year old and comes with a small bar, 400 plus types of beers and 350 types wine for take-out, or to consume right there. There is also a complete kitchen that serves a full menu. Lotto/keno and bingo are also available, not included in the gross, and net numbers are $200,000 of lotto. They also host beer & wine tasting, and have a Sunday liquor license. This is a beautiful, recently remodeled bar/restaurant and, if the next owner chooses, there is room to expand to take it to the next level. The net number would have been higher for their first year, but they put some of the profits back into the business as they grew, and the numbers continue to rise. It can seat around 50 between the bar & tables. It sits right in between a subdivisions and a lot of commercial business, and more and more of the people who work and live in the area are finding this great spot. The current owner is willing to open the books once they meet a potential buyer, and are willing to negotiate the price. The current owner is moving out of town. The concept is really taking off, so come take a look at this turn key concept.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.