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Business For Sale
BAR: LOUNGE
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Asking Price: |
$335,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Other interests |
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Year Established:
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2003 |
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# of Employees:
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11 Part Time |
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Yearly Revenues:
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$451,831 |
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Yearly Cash Flow:
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$99,763 |
Business for Sale Overview:
Bar: Lounge: A well established lounge with upscale decor that has become a “destination location” for a loyal clientele business professionals and local residential customers. The lounge is located in an area of office parks, restaurants, hotels, movie theaters and retail shops on a major interstate highway exit. This is a “turnkey golden opportunity for the hospitality business professional. Located near major metro area in Iowa.
Property Features and Assets:
Lease Amount: $4,208 per month
Furniture, Fixtures and Equipment: $158,930 Included in asking price.
Inventory: $2,500 Included in asking price.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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