Rare Opportunity! Classic Raleigh Bar & Tavern
| Asking Price: | $395,000 |
| Gross Revenue: | $1,500,000 |
| Cash Flow: | $200,000 |
| Rent: | $6,830/Month |
Own this local favorite Tavern/Bar in Raleigh! With a staff and management team in place, this is an excellent opportunity for someone who wants to expand their presence in the market, or get started in the industry. This business has fully equipped kitchen (including chargrill, griddle, range, fryers, and walk-in fridge/freezer) turning out classic pub grub, a full liquor bar, and plenty of beers on tap. Local Icon Tavern in business for 20+years, with VERY FAVORABLE RENT for such a unique location. Fully equipped, and turn-key, the premises are around 3200 square feet with a reasonable $6,800/month rent rate.
Profitable, with annual revenue in the range of $1.5 million plus, the owners are taking out over $200,000/year with owners benefits.
Highly confidential listing. NOTE PHOTO REPRESENTATIVE BUT NOT ACTUAL LISTING!
Contact broker for additional information.
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