Asking Price: $109,000 Gross Revenue: Not DisclosedCash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This Upscale Cocktail & Wine Lounge has quickly become one of James Island’s Favorite watering holes. This is the perfect entry level opportunity to Be Your Own Boss and own your own Bar! Very small but busy and smaller footprint means simple to run and operate as well as low overhead! Small simple menu featuring tapas and cheeses are a big compliment to the extensive wine and cocktail menu. This upscale Craft Cocktail and Wine Bar is taking full advantage of the Prohibition Cocktail Rage and is the go-to spot on J.I. For these popular drinks.
Charleston suburb locations are going fast due to below market rent compared to downtown and Mt. Pleasant! This one won’t last long!!!
Don’t Wait! Be your own Boss can become a reality NOW!
• 1800sq. ft.
• Coveted Neighborhood Location!
• Strong Bar Business!
• Great lease in place $3750 per month all in!
*Small footprint means low overhead and easy to run
*expand hours of operation (not serving lunch now) and watch sales skyrocket!
• Fun Concept with a great following and unique market niche!!!!
• Turn Key
• Lot’s Outdoor Dining Space
• Lots of on-site FREE Parking!
• Clean Books
• Good Seating Capacity
• Turn Key and ready for a new owner
• Fully stocked Bar
• Pride of Ownership runs throughout this Beautiful Themed Restaurant!
• Loaded with Good Will and Solid Customer base!
• All Systems and Marketing Are Turn Key
• This Sales Offering is Well Below Market Value for Charleston!
• Brand ID and Good Will in the Name!!
• Positive Cash Flow means FAST ROI!
Upscale James Island Craft Cocktail and Wine Bar & Restaurant
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.