This is a turn-key opportunity for someone who has always wanted to own a bar in one of the strongest college markets in the southeast. The current owner established this restaurant in 2018 and did not spare any cost, fully equipped kitchen that can handle any concept with a large hood system, walk-in cooler, freezers, grills, convection oven, fryers and so much more. Everything in this location is fully functional and the bar is fully staffed and operational.
100% absentee owner with management in place, the business operates 3 lunches and 6 dinners, new owner can operate 7 days a week with at least 5 lunches and open for longer hours.
Pre-Covid, the business grossed $67,500 per months on average and averaging around $50,000 per month in 2022. An owner operator or a new concept should help turn this operation into a great success as all the infrastructure is in place and awaiting a fresh concept.
Long term lease in place with 5 years left on this initial term and 2 options to renew, gross monthly rent of $7,450 that includes all the extras.
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