|
25 year old Neighborhood Bar and Grill for Sale in Greensboro
| Reference #: |
41848015
|
| Location: |
Greensboro
|
| Price: |
$70,000 |
| Amount Down: |
$70,000 |
| Revenues: |
$258,000 |
| Discretionary Earnings: |
$55,000 |
| Total Assets: |
$150,000 |
| Business Description: |
25 year old well-known neighborhood Bar and Grill on busy main thoroughfare in strip center with a solid reputation and excellent history 60/40 Alcohol/Food split. 99 seat capacity. Good-sized kitchen with walk-in, hood/fryer and all equipment and furnishings included. Back office and storage area. Owner has been at it a long time and is ready to retire. Place just needs an infusion of fresh blood, a working owner/operator with a new marketing effort and this well-established watering-hole and eatery could be much more successful. This establishment enjoys long-time regulars and has excellent values on Burgers, Deli Favorite Sandwiches, Apps; Salads and Sides and daily specials. Open until 2AM most nights, but has been closed on Sundays Present Owner paid $140K 12 years ago with restaurant running about the same numbers. He has spent money on upgrades and equipment and still is only asking $80K. Very Strong Opportunity for the right person or couple. Contact Ben at 336-855-8722 ext 13 or email bhaines@vrgreensboro.com |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
|