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Beautiful Restaurant and Bar for Sale with Event Space in Thomasville

This Restaurant and Bar for Sale in the charming downtown Thomasville is ready to go for new owner!  Just a short thirty-minute drive to Winston Salem and Greensboro, and less than an hour to Charlotte makes this ideal town to settle in and not pay the big city prices. Beautiful buildout on this 9,700 square foot space offers a separate event space for hosting meetings, parties, reunions, and rehearsal dinners.   

This historic 9,700 square foot space has the perfect setup and is ready to go for any new owner looking for a great space in Thomasville.  This stunning building offers a bar separate from the main dining area with seating for 35 for those patrons just looking to watch the game and enjoy a drink.  The main dining room of this Restaurant and Bar for Sale offers seating for eighty and has a separate bar just for the main dining area. 

This Restaurant and Bar for Sale exclusively offered by We Sell Restaurants has an event space on the top floor that is the perfect setup for hosting events.  Seating for 250 with a separate bar and balcony and tastefully decorated for any event you can plan.  Currently, it is well utilized as the meeting place for corporate companies, rehearsal dinners, civic meetings, and more. 

The sellers have invested plenty in the décor, layout, equipment and buildout of this stunning space.  The new owner of this Restaurant and Bar for Sale only needs to walk in the door to continue the legacy of this downtown gem.  Fully equipped and turn-key, this space comes with everything inside, smallwares, chairs, fully furnished kitchen, everything is in place and most equipment is less than two years old! 

The lease rate on this Restaurant and Bar for Sale is astonishing.  Just $3,616 for the entire 9,700 square foot space.  There is room in the basement for additional income as a commissary kitchen, or a separate bakery space for the restaurant.  The potential is unlimited in this building!  Don’t spend three and four times the amount of rent in nearby areas, when this treasure is just waiting for you to claim it.
   
Fully staffed with twenty-five well trained, and knowledgeable team members help keep this Bar for Sale running smoothly daily.  Seller is willing to provide at least three weeks training at no additional cost to help transition a new owner.  The seller has worked hard to become the exclusive caterer to many of the local business, and corporations, and is willing to make sure the introductions and planning is in place for the new owner to continue down a successful path.    
 

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Tabby Hemphill at (828) 803-9965

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8667
  • Price: $175000
  • Location: Thomasville

Lease Term: Expires 10/31/2024 New Lease could be negotiated for new owner

Monthly Rent: $3616.00,

Indoor Seating: 215

Inside Sq. Ft: 9700,

Hood System: Yes

Hours Open: Tuesday-Thursday 11am-9pm Fri-Sat 11am-10pm S

# of Part-Time Employees: 5

# of Full-Time Employees: 20

Net Sales: $772085.00

Owner Benefit: $52292

Features

  • Massive 9,700 square foot space
  • Separate Bar, Dining Room, & Event Space holds up to 365 Guest in Total
  • Exclusive Caterer for Multiple Companies in the Area
  • Unbelievable Lease Rate of Just $3,616 per month on this space
  • Fully equipped and turn-key location
  • Hidden Gem just minutes from Winston and Greensboro and less than an hour from Charlotte
  • Bar for Sale
Beautiful Restaurant and Bar for Sale with Event Space in Thomasville

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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