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High Traffic Restaurant/Bar In Historic Area

Summit, NC (Guilford County)

One half of the restaurant/bar

Asking Price:$990,000

Cash Flow:N/A

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:$150,000

Inventory:$170,000

Real Estate:$500,000

Established:2008

High Traffic Restaurant/Bar In Historic Area

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Business Description

This is a restaurant/bar with a history of high traffic customers with plenty of flat screen televisions, a fully equipped kitchen, sits over 200 people, two outdoor patios for dinning, plenty of beautiful chairs and tables. It is currently closed yet the asking price for the building and business includes all assets and fixtures.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,900
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a remarkable 5900 square foot restaurant/bar with a fully equipped kitchen, fully equipped dinning areas with beautiful chairs and tables. This is a perfect opportunity for someone who wishes for a long run career in the restaurant business. The gorgeous building is fairly new with finished hardwood floors and it has enough seating for 200 plus customers.
Competition:
There is no competition in this area.
Growth & Expansion:
Increasing the outdoor patios has given this business no reason to expand.

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Business Listed By:
Ben Haines

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