Downtown Raleigh Bar and Grill

  • 169,999
  • Raleigh, NC

Initially opened as a franchise concept, the owners of this Bar & Grill invested nearly a million dollars before the concept filed bankruptcy. Now an independent bar and grill, this space is in a prime location in Downtown Raleigh and sales are growing every month. Due to personal circumstances, however, they are selling and the business is priced to move.

– Premium Location in DT Raleigh
– 1st Generation Space; $700K+ in 2018 in construction and F,F&E
– Affordable, Long Term Lease
– Recently Re-Upfit with Liquor Bar
– Second Story Event Room
– Aggressively Priced To Sell!

Staffed and ready to be taken to the next level by an owner operator or absentee owner… Act now this opportunity won’t last.

F,F,&E Figure shown is based on invoices from new equipment purchased approximately 24 months ago.

Submit an inquiry by completing the “Contact the seller” box to get financials, pictures, lease details and more after completing an NDA and a two minute phone call.

Inquire today!

Bar and Grill

DETAILED INFORMATION

Cash Flow Gross Revenue EBITDA FF&E Inventory Rent Established
Nearly Breaking Even
$20-$35K/month
N/A
$250,000
$2,000
$4,656/Month
2018

Location: Raleigh, NC

Inventory:  Included in asking price

Real Estate:  Leased

Building SF:  2,245

Lease Expiration:  6/30/2027

Employees: 5

Furniture, Fixtures, & Equipment (FF&E):  Included in asking price

Facilities:  Constructed from the ground up 2017-2018; this facility is in the heart of Downtown Raleigh and the owners spared no expense in equipment and lease up. Includes upstairs party room with look over to the ground floor and open windows to downtown Raleigh.

Support & Training:  2 weeks included

Reason for Selling:  Personal Reasons

neal isaacs vr business brokers of the triangle
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