| Coastal Sports Bar & Grill |
| Listing ID: 082708 |
Location: Charleston Area |
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Brief:
This exciting and dynamic business has been in operation since 2005 and has attained annual gross revenues in excess of $1,300,000 with a good continuing growth trend expected. This business features live music 5 nights a week and nationally televised sporting events. There are 5 full time and 15 part time employees. This is located on a major thoroughfare in a coastal town in SC.
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| Listed Price: |
$799,000 |
| Total Sales: |
$1,300,000.00 |
| Seller's Discretionary Earnings: |
N/A |
| Fixtures Furniture, & Equipment: |
$395,000.00 (Included in Listing Price)
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| Real Estate: |
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| Inventory: |
$10,000.00 (Included in Listing Price) |
| Financing / Terms: |
$350k down and take over lease ($65K) and Finance $400k 10 years @ 10% |
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Business Information |
| Year Established: |
2005 |
| Number of Employees: |
5 Full Time / 15 Part Time |
| Days and Hours of Operation: |
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| Relocatable: |
No |
| Franchise Information: |
None |
| Facilities / Location: |
10,000 SF facility Rent is $10,200 per month. Includes coin-op game equipment (no split). FF+E is owned outright with the exception of a $65,000 assumable lease on some gaming equipment. |
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Lease Information |
| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
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| Additional Information |
| Reason for Selling: |
Pursue other business opportunities |
| Business Description: |
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| Potential for Growth: |
Could open up similar bar in neighboring town |
