Price Dropped: Live Entertainment/Bar Glenwood South, Raleigh

Raleigh, NC
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Asking Price:$349,000
Gross Revenue:$2,000,000
Cash Flow:$250,000
BUSINESS DESCRIPTION

This 8,200ft2 bar/restaurant has live entertainment, ample parking, a full kitchen and large volume bars. with sales preCOVID exceeding $2.5M it is presently doing approx. $1.5M only opening 2 days/week. Lots of room for upside! Beautifully upfit with gorgeous remodel and fantastic SOTA sound system, this is your turnkey event venue dream!

Successful buyer will have strong financials ready and a business plan satisfactory to the landlord.


DETAILED INFORMATION
Location
Raleigh, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,200
Lease Expiration
31/05/2027
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Bill
Boyd
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Bill Boyd