Restaurants For Sale in Raleigh North_carolina

College Town Sports Bar And Restaurant *reduced*

Advert Id: 23706, Sellers Ref: (SPORTS1)
  • Location:Raleigh, North Carolina
  • Category:Restaurant
  • Asking Price:$300,000
  • 300000
  • Sales revenue :$850,000
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : $5,000

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. Priced well below replacement cost.
Facilities
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.
Financing
Seller will consider a componant of seller financing or investment

  • Competition: Many competitors in the food service / sports bar space. This business is unique in it's location, facilities and client demographic.
  • Expansion: 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.
  • Reason For Selling: Other interests + need for additional capital.
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