NOT DISCLOSED, South Carolina
| Asking Price |
$119,270 |
Year Established |
2009 |
|
| Annual Revenue |
$652,628 |
Reason for Selling |
Other Business Involvement |
|
| Annual P/L |
|
Attention |
JT Tatem |
|
| Annual Cash Flow |
|
Listing Number |
953217 |
|
| # of Employees |
12 |
Business Category |
Food & Beverage: Production - Bakery, Farms, Winery |
|
Business Overview:
This place has been a gem for years, and this asset sale is a sweetheart of a deal. Discover the vibrant heart of Greenville, SC by investing in your premier downtown pub and brewery. You get a unique intimate music venue that promises an unmatched experience. Nestled in the bustling city center, our establishment is more than just a place to enjoy exceptional craft beers and delicious pub fare; it’s a cultural hotspot where live music electrifies the atmosphere. With a loyal clientele, high foot traffic, and a reputation for unforgettable nights, this is your opportunity to own a cornerstone of Greenville’s thriving scene. Don’t miss the chance to be a part of a community that values quality, creativity, and entertainment – elevate your investment portfolio with this one-of-a-kind venue. Keep the concept or come in and make it your own. This is a great deal you'll kick yourself for missing.
Property Features and Assets:
<p>The business was started by five friends and business associates affiliated with the Mellow Mushroom franchise operation they own upstairs. Number of tenants had occupied the space that Velo Fellow occupies now and each had been suitable for the area. The Velo was created as a neighborhood bar and restaurant appealing to those with high-quality request for food and beverage, eclectic music, and a welcoming environment. The owners built a place where locals could meet. After several years, and due to the popularity of the music offerings, the back room was added as a separate lease. This expansion added a larger stage and viewing area. And eventually, the addition of a complete brewery. That model has worked well for many years and the live music has been very popular as an addition to the founders original offerings.<br></p>
Market Competition and Expansion:
<p>Nano-Brewery equipment has been added and brings its own unique IPA to the offering. Partner with other local breweries to feature their taps. Plus the local music vibe can be boosted. Reengineer the menu. Promote more private parties up to 150 people.<br></p><p>You already know Greenville is a foodie town, and there are lots of downtown choices. This inside restaurant/pub/nano-brewery is unique in size, location and opportunity.<br></p>
Additional 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