Bar and Night Club in Philadelphia County-26206

Not Disclosed, PA
Philadelphia County


Asking Price: Annual Revenue:
$560,000 $840,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar and Night Club in Philadelphia County-26206 Broker: Marie Goldstein

Quick Facts

Asking Price: $560,000
Annual Revenue: $840,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 5
BBN Listing #: 93294447
Broker Reference #: 26206

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Business Overview:

Well-established bar and club for sale. Includes liquor license, entertainment license, R liquor license and cabaret license, of which there are only 17 in Philadelphia. Liquor License alone is worth $250,000. The bar is open seven days. The owner recently converted the dance area into another bar and lounge. Around $65,000 was spent in improvements. The property is being sold for $500,000 directly from the owner. The building has three floors, which are 6,400 square feet. This can be an excellent source of rental income. Please contact us for further information.

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Reason for Selling:

Retirement

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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