Photo 1Photo 2Photo 3Photo 4Photo 5Photo 6
Restaurants & FoodFor Sale

Wilmington's favorite true Irish Bar and Restaurant - The Harp

Wilmington, North Carolina

About This Business

# The Harp – Wilmington's Premier Irish Pub Experience Discover an exceptional opportunity to own Wilmington's most beloved authentic Irish bar and restaurant. The Harp has established itself as a cornerstone gathering place in the community, combining traditional Irish hospitality with genuine gastronomy that keeps patrons returning night after night. This well-established venue benefits from strong brand recognition, loyal customer base, and consistent performance in a prime Wilmington location. The business presents an attractive investment with a proven operational model and established revenue streams from both food and beverage service. Whether you're drawn to the vibrant pub atmosphere, the culinary appeal, or the social hub dynamic, The Harp offers multiple avenues for profitability and growth. The property's existing infrastructure, trained staff, and established supplier relationships provide new ownership with a seamless transition into a turn-key operation. This is a rare chance to acquire a thriving, community-loved establishment with significant upside potential. Whether you're an experienced restaurateur seeking an established venue or an entrepreneur passionate about the hospitality industry, The Harp represents exceptional value at $275,000. **Contact us today to schedule a confidential showing and discover why this is Wilmington's most coveted Irish establishment.**

Financial Details

Asking Price
$275,000
Cash Flow
N/A
Gross Revenue
N/A
EBITDA
N/A
Inventory
N/A

Business Details

Real Estate
Lease
Reason for Selling
Health Reasons
Financing
No
Training
No

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
Infinityx
DSCR (Debt Service Coverage Ratio)
0.00
Cash on Cash ROI
-343.6%
Down Payment (SBA 10%)$27,500
Loan Amount$247,500
Monthly Payment$2,874/mo
Annual Debt Service$34,484
Owner Salary$60,000
Cash Flow After Debt + Salary$-94,484