Business for Sale Overview:
Cocktail lounge (type 48) been in same family over 35 years. Current owners inherited business couple years ago and are Not knowledgeable operators. Seller Operates all help run. A knowledgeable operator can easily net over $150,000 per year. Buyer needs to control pouring costs, restructure the payroll and control entertainment costs. Lots of potential for increased net profit. Buyer could also add kitchen and light food. Great opportunity with lots of build-in growth in the area.
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.
Property Features and Assets:
Located in 2,091 square feet retail space in growing neighborhood area.
Market Competition and Expansion:
Some competition in area but business is well established. Can add food and increase sales.
Reason for Selling:
Other Business Interests
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.