Dream Bar Near the Ocean

Myrtle Beach, SC (Horry County)

Dream Bar Near the Ocean
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $80,000

Inventory: $2,000*

Rent: $2,400 /Month

Established: N/A

*not included in asking price.

Dream Bar Near the Ocean

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Business Description

This central Myrtle Beach bar is close to the beach. Popular with tourists, golfers and bikers. Seller choses to serve very little food to keep it simple. Therefore he runs it himself with 2 part time bartenders to keep costs down. Besides the profit from the bar shown on hisP&Ls, the owner gets tips, which average $800/ week, working 3 afternoons a 2 evenings a week. He also owns the games, juke box and 2 pool tables and gets 100% of the profits from them, which run from $500 - $1000 per week. Established 12 years. Open from 2 PM to 2 AM Monday through Friday. Til Midnight on Saturday. Closed Sunday. Perfect bar for a couple. There isa full kitchen that is not being used so adding bar food would be a way to increase revenue. Seller also has a trivia macine that is underused. He also does no marketing except a web site, which transfers to a new owner. Below market lease. If you always wanted to own a beach bar with little overhaed and unlimited potential for growth, this is it!

Detailed Information

Location:
Myrtle Beach, SC
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bar in a strip center on Kings Hwy close to the beach and hotels. Has full kitchen facility.
Support & Training:
2 weeks
Reason for Selling:
Burned Out after 12 years.
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Jim Bunting

Business Listed By:
Jim Bunting

www.traddcommercial.com

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