Business for Sale Overview:
This well-established live music venue attracts talented artists on a national and international scale. The establishment caters to fans of all types of music. The world-class sound of the club and its friendly down to earth environment allow the fans to meet their favorite artists up close and personal before and after their performances. The owner loves his business and wants to see a motivated owner step in and continue to be successful. The owner is currently only open for 1 or 2 shows a week and does not open the doors apart from show times, leaving a tremendous amount of potential for a new owner to increase the number of shows and/or hours of operation. Extra income is easily available to any owner who wishes to work the bar.
The sale also includes the 10,000+ square foot commercial property it is located in. The property has furnished apartments located above the business which bring in additional income.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The sale of the business includes $100,000 of assets to make this a turn-key sale. This includes their world-class audio equipment and everything else that makes a bar turn-key, from stools, to glasses, to bar decor.
Building is located on a corner lot offering great exposure to the business. The building has furnished apartments located above the building. The building could generate $25,000+/yr in rental income when fully occupied.
Market Competition and Expansion:
The current owner also has ownership of both lots adjacent to the building, which offer the buyer room for growth if they wanted to expand the business. The current owner has suggested building some outdoor games and/or activities to build revenues by serving customers outside of scheduled show nights. It could become a league sport location to the locals and help bring local awareness of the upcoming events that the venue is offering. There is nothing keeping a new owner from offering more shows. It is feasible to be doing up to 300 shows per year.
Reason for Selling:
Retiring, will manage other investments from home
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.