Hand crafted cocktail bar for sale in Historic Wilmington

Business Opportunity for Sale
Catylist Listing ID: 30423506
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $249,500
Name of Establishment: Whiskey Tango Foxtrot
Business Website Address: https://www.whiskeytangofoxtrotnc.com/
Gross Revenue: $300,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash
Last Updated: 5/10/2019

Overview / Comments

Profitable non-franchise turnkey business opportunity in Historic Downtown Wilmington. Offering the opportunity to own a hand crafted cocktail bar. Located off a high traffic street in the heart of downtown Wilmington. All you need to do is continue the great reputation for quality cocktails and rotating local selections. The main floor offers a charming and relaxed environment, furnished in beautiful hardwood and leather, accented by copper, reclaimed wood, and boasting original works from local artists. The upstairs features lounge and pool table. Start making money day one at a local business you'd be proud to call your own.
Sale includes FF&E and assignment of long term lease.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Industry Segment: Bars and Taverns
Reason for Selling: Owner has other business taking up too much of his time.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $30,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Long term
Employee/Labor Description: Will stay on
Mgmt/Training Support Description: Full transition support available
Growth/Expansion Opportunities: Downtown is BOOMING!

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,788 40,325 102,236
Median Age: 35.41 36.7 35.85
Households: 3,130 18,279 43,944


Photograph of Listing Agent

Christian Cardamone

Keller Williams Realty NCCMLS Member
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