$779,900

Iconic North Wilmington Bar known as "The Quick Red Fox Lounge" or the "Red Fox" is now being offered for sale for the first time ever by the original owner who is retiring after a 46 year successful run. The business was established in 1978 with many improvements and upgrades throughout the years. Located on a corner lot next to a new Car Wash and adjacent to a Park and Ride facility. The Fox has a full Tavern Liquor License that will be transferred with the sale, along with all inventory, furniture, bar equipment, registers, trademark name, signage and more. With this property, you own the land, 2 parcels (.14 acre that the building is on and & .05 acre to the right where the patio is). The Fox is approximately 1200 square feet and seats 102 people within a large bar area, 19-20 bar stools, many booths, tables and corner seating. There is also an exterior patio with a covered area for any outdoor activities. The property is zoned CR-UDC -Commercial Regional and has a daily Traffic count of 33,000+ per day. The parking lot has recently been re-paved and includes 12 parking spots. The computer system has been upgraded within the last year (owned). Both bathrooms were updated recently. Commercial property that you own in N. Wilmington for a Bar/Restaurant/Tavern with a Full liquor license, operational since 1978 is hard to come by. Come check out this business opportunity and see if it may be the right fit for your next venture.

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