Pour House Richly-Equipped. Only Pay Rent: $6500/mo.

Greensboro, NC (Guilford County)

Pour House Richly-Equipped. Only Pay Rent: $6500/mo.

Asking Price:$6,500

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$85,000

Inventory:N/A

Lease Rate:$15.80 /SF/Year

Established:2005

Pour House Richly-Equipped. Only Pay Rent: $6500/mo.

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Business Description

Do you have a bar/restaurant concept, but don't have 200K+ to buy an existing business or equip a space from scratch? Or would you like to re-open a very popular place? Here, you have the former Pour House, in business since 2005 but recently closed due to lack of management. But with a long history of success at this prominent corner location with a lot of parking, and it is in the midst of the busiest bar/restaurant district of S.Elm in downtown Greensboro near Natty Greene's and McCouls.
All the main and expensive fixtures remain, like 3 walk-ins, one a massive 15 x 20 behind the bar for kegs, with nearly 70 tap lines. 3 bars, with the main one having all the coolers and big back bar. Very Large kitchen with two hoods and with all standard equipment in place included in rent. 5,000+ sq. ft. total, plus an enclosed patio with bar and built-in seating. Office included. All it takes to start is one month's rent ($6500) with the same as a security deposit. ($13,000 total). This is a rare opportuntiy for any location, but especially being in thriving downtown Greensboro with most everything in place. Just need TV's and inventory.

Detailed Information

Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The recently closed Pour House: This is a landmark downtown Greensboro location on a corner with a long history of success as a bar and restaurant pushing $1Million in sales Big, 5,000 sq. ft. space with all the expensive infrastructure in place. 3 walk-ins, one is huge with a newer keg draft system with room for 70+ taps, Big kitchen with 2 hoods, attractive long bar and back bar in main area, and second bar in adjacent room, and an enclosed patio with bar. Kitchen equipment, stainless tables and smallwares in place and included. Booths, tables and chairs all there. Just need to thoroughly clean and set upthe place, stock it and start rolling.Start-up costs for starting your own restaurant/bar have been largely paid, and you only have to pay rent, have working capital and make whatever other improvements you would like to make. Shorter or long term lease with options to renew available.
Competition:
Though not presently an active business, this Pour House location at 360 Federal Place iis right in the thick of things by S. Elm, near Natty's Greene's and McCoul's and all the other places nearby in walking distance. Last establishment had been there since 2005. With the right concept, management and marketing, this is a great venue for a new restaurant/bar hospitality venture.
Growth & Expansion:
This could be the pilot location for an expansion concept. It is very well equipped to feature a huge selection of draft beers, and large kitchen needs just needs to be cleaned, inspected and stocked with inventory.
Support & Training:
This is a closed business, so training will be up to you.
Reason for Selling:
No active business is being sold.

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Business Listed By:
Ben Haines

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