Raleigh NC Reduced College Town Sports Bar Restaurant For Sale

Business description

Everything you would expect at a sports bar. Lots of screens, huge full service bar, extensive beer list, comprehensive menu with quality presentation and service.

Property information

Location:

Hillsborough Street directly across from Meredith College and down the street from North Carolina State University.

Premises details:

6700 inside + 2400 patio. Extensive indoor and outdoor seating, 8 large projection screens, dozens of LCD's, huge full service bar, ample parking, located on main college drive. A new lease will need to be negotiated.

Size in square feet:

9,100

Business Operation

Expansion potential:

Tight management of expenses and effective marketing are the keys to growing the top and bottom line. Prior ownership documents $100k a month in sales.

Competition / Market:

Many competitors in the food service / sports bar space. This business is unique in it's location, facilities and client demographic.

Reasons for selling:

Other interests need for additional capital.

Trading hours:

Mon 12am-2am, 4pm-2am; Tue-Thu 4pm-2am; Fri-Sat 11am-2am; Sun 11am-12am

Employees:

32

Years established:

10

Other information

Support & training:

as needed

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will consider a component of seller financing and will consider investment/partnership proposals.

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)