Successful Pub/Tavern Offering - Charlotte

Charlotte, NC (Mecklenburg County)

Seller Financing Available
Successful  Pub/Tavern Offering - Charlotte
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Asking Price: $189,000

Cash Flow: $75,000

Gross Revenue: $375,000

EBITDA: $75,000

FF&E: $19,000

Inventory: $6,500

Established: 2015

Successful Pub/Tavern Offering - Charlotte

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Business Description

Successful established Pub known for its great tasting Pub food.
Best Cheese-Steak in Town.
Owner has not had to do much advertising to keep the Pub busy and cash flowing.
Membership model has been perfected here and seems to keep quality high end clientele happy and active in the Pub.
Annual fee of Membership in $35. Currently there are about 150 active members.
Owner has had the concept since 1994 -Charlotte Pub is the 4th location under this name.

Gross Revenue
2018 $375,000
2017 $250,000
2016 $295,000

Live music DJ on Friday and Saturday nights

Detailed Information

Location:
Charlotte, NC
Inventory:
Included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3200 SQ FT. Very Cheap Rent only $3700 per month including CAM Elect $500 /mo TV $ 150/mo
Competition:
No similar clubs in the area
Growth & Expansion:
Do more advertising--Social Media to increase membership base
Financing:
35 %
Support & Training:
Owner to stay on for 2 weeks
Reason for Selling:
Family reasons
Business Website:
http://www.ensurebb.com
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James McGeehan

Business Listed By:
James McGeehan

Ensure Capital

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