Business Overview:
CASH COW
Two very professional partners have spent the last three years developing this thriving nightclub in RI. It’s actually 3 businesses: hot young bar/nightclub on Thursday, Friday, and Saturday nights, sports bar 4 nights and weekend days, and local lunch restaurant/bar on weekdays. Regularly scheduled pop/rock dance cover bands with regional fan bases pack the place with 150-175 customers every performance. A state of the art lighted stage and sound system keeps the joint jumping. Revenue is up every year and consistently within 5% of forecast every week. Experienced and relatively long tenured staff maintains an excellent relationship with customer base. Excellent regional reputation. Efficient marketing focuses on social media. This business makes money. This is a diamond in the rough for an experienced bar/nightclub owner. .
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:
3,800 square feet
Buyer may rent at $3,500 per month triple net or purchase for $450,000
Market Competition and Expansion:
Expand “bar food” menu, develop sports bar, add country music night.
Reason for Selling:
partner is moving over seas
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.