Profitable Brewery/Event Venue Located in Historic Downtown Wilmington

Wilmington, NC (New Hanover County)

Profitable Brewery/Event Venue Located in Historic Downtown Wilmington
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Asking Price: $1,485,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,102.73 /Month

Established: 2015

Profitable Brewery/Event Venue Located in Historic Downtown Wilmington

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Business Description

Be part of the dynamic growth in the Downtown Wilmington market....

Located in the heart of Historic Downtown Wilmington this spectacular brewery/event venue is now available Well established venue with future event business already on the books. All brewery equipment and inventory included. Funds in brewery bank account will transition to new owner. No distributions will be made to current owners.

Call us today to schedule your tour and receive our information packet. Confidentiality Agreement and proof of funds required prior to release of any information.

Detailed Information

Location:
Wilmington, NC
Real Estate:
Leased
Building SF:
10,620
Lease Expiration:
4/30/2030
Employees:
3 salaried
Facilities:
This business is one of the top brewery wedding venues in the country featured in "Martha Stewart Weddings", "Carolina Weddings", and various other publications. This beautifully restored historic property is located in the heart of Historic Downtown Wilmington with a public parking deck directly across the street. It is two blocks from the Wilmington Riverwalk, which is recognized as the"Best American Riverwalk" by USA Today. Conveniently situated within walking distance to outstanding national and boutique hotels, the Wilmington Convention Center, a vibrant retail and restaurant scene, theaters, art galleries, music venues and much more to come. After months of planning and demolition and an eight month build out period the community celebrated the revival of this previously uninhabitable building. All utilities within the property were replaced. Brewery/tap room equipment was purchased new and installed. All FF&E, including point of sale system, computers, sound system, TV projection system, etc and supplies convey. All federal, state and local permits obtained. Business has NO DEBT or LOANS outstanding. Amenities: • Over 10,000 square feet of space • Comfortably holds more than 400 guests • Two floors with large bars on each floor • Tables and chairs on both floors • Bar setups and glassware included • Bathrooms on both floors
Competition:
With the growth of both the brewery industry and weddings/special events in the Downtown Wilmington market, conveyance of the event venue's future booking guarantees revenues as well as outstanding growth potential.
Franchise:
This business is an established franchise
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Terry Espy

Business Listed By:
Terry Espy

Momentum Companies

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