Five Points Nightclub/Bar in Prime Location

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Asking Price:
$139,000

Gross Revenue:
$311,000
Cash Flow:
$31,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,500
included in asking price

FF&E:
$20,000
included in asking price

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Business Description

This very well known bar has been serving a captive audience of University of South Carolina students, graduate students, and military from Fort Jackson for several years. This business is mostly absentee run with the owner only spending 1-2 hours a week on bookkeeping. Cashflow could be even higher with an owner/manager.

This is a turnkey opportunity and a great investment for a savvy business person looking to make money in the service industry. The new owner may want to convert this back into a lunch-dinner-bar concept. Prime 5 Points location with a long and open storefront. Seller Financing Available!
Contact Sunbelt Business Brokers for more information at 803-779-2919.

About the Business

Location:
Columbia, South Carolina
Year Established:
2015
Number of Employees:
1 FT, 13 PT
Real Estate:
Leased
Building Sq. Ft.:
3,600
Rent:
$5,500.00 Per Month
Lease Expiration:
11/1/2024
Growth & Expansion:
There are several growth opportunities outlined in the Confidential Business Review.
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About the Sale

Training/Support:
Owner will assist in a smooth transition

Listing Info

ID:
1493386
Ad Detail Views:
572

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$
months
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Business Listed by

David Yezbak

Sunbelt Business Brokers

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U.S. Census Data for Lexington and Richland Counties, SC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Lexington and Richland Counties, SC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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