- Listing ID: 838202
- (Seller ref: COLA-N827)
Well Known Bar Lounge For Sale
- Location:
-
- USA
- > South East
- > South Carolina
- > Columbia
- > Columbia
- Category:
- Type:
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Summary
- Asking price:
- $295,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $625,000
- Cash flow:
- $115,000
- Years established:
- 12
- Employees:
- 15
Business description
Well known large bar in center of university night life area. Good walk in and destination traffic.
Property information
- Real Estate:
- Lease
- Lease terms:
- Must remain same use, charge to Guarentee Lease next term of 1,000/month. Seller will stay on Lease through 11/1/10 then must be paid $1,000/month to remain as guarentor.
- Leasehold rent:
- $5,011 per annum
- Size in square feet:
- 4,000
Other information
- Expansion potential:
- Many options, entertainment, etc.
- Competition / Market:
- Area is the college bar district. All competitors feed on one anolther.
- Support & training:
- Available as negotiated.
- Reasons for selling:
- Past Buyer bought a number of bars and overextended his management.
- Trading hours:
- Monday - Saturday 4:00 p.m. - Close.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller open to any reasonable financing by well qualified buyer.
- Furniture / Fixtures value:
- $35,000 (included in the asking price)
- Inventory / Stock value:
- $2,500 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > South East
- > South Carolina
- > Columbia
- > Columbia
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