Downtown Raleigh Bar and Grill
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.
|Cash Flow||Gross Revenue||EBITDA||FF&E||Inventory||Rent||Established|
Nearly Breaking Even
Location: Raleigh, NC
Inventory: Included in asking price
Real Estate: Leased
Building SF: 2,245
Lease Expiration: 6/30/2027
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