COLD BEER, HOT WINGS, CASH MACHINE
Location: South Carolina > Lexington County > Columbia
Industry: Food and Beverage > Bars and Taverns
Financials
Asking Price: $249,000
Gross Revenue: $450,000
Gross Revenue Comments: Sales are growing and with all of the new developments sales will continue to grow.
Cash Flow: $150,000
Cash Flow Comments: Seller will prove and offer more cash flow opportunities.
Inventory: $5,000 (Included in Asking Price)
FF&E: $175,000 (Included in Asking Price)
Seller Financing: Seller will finance $150,000 of the purchase price at reasonable terms for a qualified buyer.
Business Summary
This bar and grill has been a popular watering hole for the locals, hotel guest and the truckers from the nearby fueling center for many years. This business has grown steadily over the years and with a large new office development and several new residential communities under construction the sales and most importantly cash flow will continue to grow. The current owner has a severe medical condition which is forcing a quick sale of this very lucrative business. The bar has a reputation for the "BEST WINGS IN TOWN" as the recipe for the many sauces has been developed by the owner and goes with the sale. The bar has several pool tables that afford additional cash each week. The KARAOKE at this watering hole has added substantial sales and is gaining popularity. The facility has a great lease with very attractive rent rates. All of the elements are present to generate a strong cashh flow for a new operator and especially a "hands on operator".
About the Business
Year Established: 1994
Employees: 1 full time - 6 part time
Facilities: The bar & grill has an operating capacity 2600 square feet with a full bar and a very efficient kitchen that produces a large volume of food.
Market Outlook and Competition: The market is growing with a large new office development and several new housing developments.
About the Sale
Management Training and Support: Seller will train for a reasonable period of time.
Reason For Selling: The seller has a severe medical condition which requires an immediate sale of this very lucrative business.
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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. Please review the full Disclaimer here.
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