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Profitable Bottle Shop and Bar with Prime Downtown Location

BarSold in Durham, North CarolinaEst. 20156 employees

This business has been sold. The listing is no longer available. Browse similar businesses.

Profitable Bottle Shop and Bar with Prime Downtown Location
Profitable Bottle Shop and Bar with Prime Downtown Location
Sold

$85,000

Sold
Asking price
  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

A turn-key bottle shop and bar in a prime downtown location, surrounded by new development. This business offers significant growth potential by expanding hours or adding liquor. With great road visibility and reasonable rent locked in for five years, it's a solid opportunity for a new owner to build on. Learn more about this exciting venture.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$85,000
  • Annual Revenue$300,000
0.3×
Price to revenue
Approx. Inventory Value
$7,000
Approximate FF&E
$40,000

Details

2015
Established · 11 yrs
6
Employees
15
Owner hours per week
Bar
Business type
Leased
Premises

Financing & transition

Seller financing
No
Training after the sale
No

Property & lease

Premises
Leased
Rent (monthly)
$2,400
Lease Renewable
No
Lease Negotiable
No

Where it is · Durham, North Carolina

Somewhere in Durham, North Carolina. The exact address is not on this listing.

Somewhere in Durham, North Carolina

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