Owner Financing is Available!
Business Overview:
Bar, Nightclub Venue, Live Music – Asking $189,000. Large nightclub and bar in Abilene area equipped 2 years ago with brand new equipment throughout, including all bar, sound and lighting equipment, TVs, projectors, seating, tables, etc. This is the premiere live music venue in town and the home to all of the big acts that come through the area. Large national acts and big theme parties have been a huge hit and drawn a lot of local media attention for the venue. The live music and weekly Disk Jockeys draw in huge crowds and add up to substantial cover fees at the door. The opportunity to own your own nightclub with a great revenue base does not come along very often. A hands-on owner could dramatically increase the sales and net profits. The current owner will train and provide ongoing support. This business has excellent records and the owner is motivated to sell. This is a great business at a great price of only $189,000 and if you are wanting to enter the bar business at an affordable price, this is your opportunity!
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:
This is a great location, with great visibility and accessibility. It is just over 15,000 square feet. Very reasonable long term lease, full scale lighting and audio.
Furniture, fixtures and equipment: $45,000 (included in price).
Inventory: $1,800 (included in price).
Market Competition and Expansion:
Competition: This is a well established bar, with the current owner working on over 3 years of ownership. They and one other bar are the major players in town.
Growth and Expansion: Current owner is completely absentee, living in a different town and relies heavily on well paid management. A new hands-on owner could alleviate these salaries or cut back on hours to increase income. A new owner also needs to implement guerrilla marketing efforts with the local student body and organizations.
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.
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