VR BUSINESS BROKERS
Case Study: Raleigh Bar & Grill
VR Business Brokers is honored to assist another set of Triangle business owners in the transfer of a privately-held profitable business in Raleigh, NC. The most recent sale is a successful “Biker” Bar & Grill in Raleigh, NC with more than a two decades of history and ample outdoor seating, this transition starts a new journey for the third owner of this Raleigh hallmark.
The Selling Process
The owner of this business decided to sell his established Raleigh Bar & Grill after owning it for more than a decade. He was the second owner of the business and he’s excited to see it continue on to a third. He sold for retirement to spend more time with his family.
The buyer of this well known Raleigh destination was thrilled to discover this opportunity as she owns multiple other businesses in the area in Food and Beverage services. Partnering with another serial entrepreneur, this power team has great plans to build onto what the current owner has built and bring new energy to the brand.
Congratulations to these entrepreneurs for this successful transaction, and special thanks to attorney Peter Hanna and Vason Hamrick for respective seller & buyer representation as well as transaction and escrow services.
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