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Pyrates Sports Bar For Sale

Cumberland County, North Carolina, United States
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Asking Price$375,000
RevenueUndisclosed Established1991
Cash FlowUndisclosed Employees8 full-time
FF&E$42,736* FranchiseNo
Inventory$15,000* RelocatableNo
Real Estate$275,000* Home-basedNo
* Included in Asking Price
This Popular Sports Bar is a favorite among the Military for 30 years!  This local watering hole has stood the test of time with a history and tradition that spans many decades as the place to gather and share stories.  Many locals and celebrities have graced the walls with memorabilia and honor which makes this bar an all-time favorite.  Today time passes--- and the owner is ready to retire.  

If you have spent any time here, you know that this the place that knows you by name and is your Battle Buddies/Wingman.  The staff is phenomenal and have been here for years celebrating military members in the community; supporting every deployment and welcoming every generation back home.   This sports bar is iconic and prime to go to the next level. As we pass the flag to the next owner---it will be a sentimental moment.  

If you are looking to be that next generation; this is your opportunity!! Location boosts 2600 sq ft, 2 bars, dance floor, 6 pool tables, and small kitchen with 2.0 acres of parking.  Real estate is included in the purchase price; however, business may be purchased individual of real estate and a negotiated lease of $1,800/mo will be acceptable.  Owner has agreed to stay on and make this a smooth transition at the buyer's request.  Please contact Shanon Madrid for more information at 919-858-6853; or smadrid@sunbeltnetwork.com.

Required Licenses: Liquor License
Competition:2 miles to nearest restaurant/bar
Growth Potential:Pyrates needs a new owner with fresh ideas to take it to the next level. More ideas such as $1.00 beer night are a huge success. Expanding to be a full restaurant is another opportunity.
Training/Support:Owner will stay on to train for as long a necessary.
Seller Financing:Seller will sell the Business with a down payment of $100,000 and Lease the building for $1800.
Sale Reason:Retirement
Ad #89242
Seller Reference #DURHANC001-N17
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Contact This Seller
Shanon Madrid
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