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Property profile

Designed Bar!! Turn Ky Bar For Sale In Growing Gastonia- Wl Gastonia, NC 28052

OFF-MARKET
Retail properties & Spaces
5,600 SF Built 2023
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Property summary

AI-generated overview

This turnkey bar, located in a rapidly growing area of Gastonia, NC, is available for $50,000. The 5,600 square foot space boasts a prime location with excellent visibility and is currently operating under a lease expiring March 31, 2026, with a monthly rent of $8,882. Built in 2023, the bar includes extensive equipment: multiple coolers, freezers, prep tables, a POS system with handhelds, bar seating, tables, couches, and a comprehensive sound and security system. The current owner is retiring, presenting a unique opportunity for a new owner to implement their own concept. The bar's seating capacity is approximately 60 guests. The sale includes a significant amount of existing equipment, including but not limited to: 26 chairs, 3 coffee tables, 2 undercounter wine coolers, 4 couches, 4 tables, 16 barstools, a POS system with printer and handhelds, ice wells, drink holders, sinks, prep tables, espresso machine and grinder, keg cooler, additional POS systems, TVs, a speaker system, security cameras, shelving, small kitchen appliances, and more. The business currently employs seven people. The lease is a two-year term. Gastonia's population growth presents a strong potential customer base for this well-established business. This is an exceptional opportunity to acquire a profitable, established business in a thriving community. The address is confidential, but a 3D walkthrough is available.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 5,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Designed Bar!! Turn Ky Bar For Sale In Growing Gastonia- Wl Gastonia, NC 28052
Gastonia metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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