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BUSINESS FOR SALE - PROFILE #  42520028

New Bar/Restaurant in Booming Area
Columbia, SC

Asking Price: $125,000   Down Payment: $125,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
Owner must sell this brand new bar/restaurant! Great bar in great location with long term lease in place.

When the current owner planned to open this bar, he saw an opportunity to provide his customers with an exceptional experience with a wide array of food and beverages and pool tables.  His vision was to establish a bar that had great atmosphere and great food so that people would enjoy spending time with their friends or a perfect space for parties and events.  This bar/restaurant offers a wide selection of food, beverages, and entertainment options.  It is a clean, fast, and affordable bar/restaurant that is superior to what other companies can offer in the Columbia metro area. This dedication to quality is why the business is quickly attracting new customers. Revenue  has been solid but the owner needs to sell this bar/restaurant due to some personal business that is taking his time in other directions. A very lucky new owner will benefit from his vision, work and fantastic layout.

Acquisition Highlights

  • When the current owner opened this bar, he saw an opportunity to provide his customers with an exceptional experience with a wide array of food and beverages and pool tables. His vision was to establish a bar that had great atmosphere and great food so that people would enjoy spending time with their friends or a perfect space for parties and events. This bar/restaurant offers a wide selection of food, beverages, and entertainment options. It is a clean, fast, and affordable bar/restaurant that is superior to what other companies can offer in the Columbia metro area. This dedication to quality is why the business is quickly attracting new customers. Revenue has been solid but the owner needs to sell this bar/restaurant due to some personal business that is taking his time in other directions. A very luck new owner will benefit from his vision, work and fantastic layout.
  • Business is run by a full time manager and 9 part time employees. Sun-Weds- 5:00pm-12:30am Thur-Sat-5:00-2:00am
  • Beautiful meticulous design that is a warm and inviting place for its customers to enjoy a drink or meal.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2016 Inventory: $3,000 Included
Employees: 1 FT, 9 PT , 1 Mgrs Furniture, Fixtures & Equipment: $172,000 Included
Lease/Rent: $8,000 Real Estate:
Building Sq Ft: 3600 Other: $175,000 Included
    Total Assets Included in Sale: $350,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
Other:  (704) 905-8658
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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