Business for Sale Overview:
Completely rebuilt with new internal construction throughout building basement and first floor. Very attractive interior with 10 door refrigeration and 10 barstools and 20 seating for club atmosphere 50%. Take out 50% bar and figures are growing. These are grossly underestimated projected figures as place is doing in excess of $9,000 – weekly – sales are divided equally between beer/wine/liquor. Place even has small prep kitchen (not presently in use). Attractive bar always has patrons in evening becomes packed with loud music coming from much used juke box. Business is increasing weekly in safe area of city comprised of all single family homes. Has attractive female bartenders on weekend, now is area gathering place as there are no other bars or liquor stores in the entire area. Except in rough areas – this business is once valued at $180,000. Building $275,000, Furniture, Fixtures, plus Equipment $230,000, Total value $685,000, because owners disagree pick it up for $555,000 building license and business. Projected earning figure of $223,000 should be reached well before year is out.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Competition:
No clubs in this neighborhood area have to go to main street 0.5 mile away to find a “rough” bar.
Expansion:
Time will bring in new customers as this is the only liquor store bar within the entire area. Extremely attractive on inside with everything brand new.
Reason for Selling:
Partners disagree
Additional Details:
- The property is leased.
- 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.
Resources: