Long Standing, Turn-key Bottle Shop And Bar With Exponential Growth Potential
Durham, NC Not Disclosed
Asking Price:
$110,000
Annual Revenue:
$300,000
Request More Information Contact the Seller
- RE: Long Standing, Turn-key Bottle Shop And Bar With Exponential Growth Potential
- Contact: Adam Ezell
Quick Facts
| Asking Price: | $110,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $30,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $40,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 6 | |
| BBN Listing #: | SB-55656 | |
| Broker Reference #: | DURHANC001-55656 |
Business Overview:
This wine, beer and beverage store with a bar is located in the coveted area of downtown Durham surrounded by apartments and rapidly growing development. It operates with limited hours at the owner's convenience. Untapped potential to be realized with the addition of liquor. Buildout in the area costs roughly $250/square foot making this entry point remarkably accessible. Rent is reasonable at $2,400/month and is locked in for 5 more years. Contact Adam Ezell at (919) 622-4099 or aezell@sunbeltnetwork.com for more information.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Due to its coveted downtown location, there isn't much in the way of competition as it serves primarily as a bottle shop.Reason for Selling:
Family RelocationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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