Famous College Leisure and Entertainment Club

Madison County, NY
Madison County


Asking Price: Annual Revenue:
$925,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Famous College Leisure and Entertainment Club Broker: Mel Lisiten
Owner Financing is Available!
NEGOTIABLE

Quick Facts

Asking Price: $925,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1972
Employees: 4
BBN Listing #: 71445287
Broker Reference #: CNY888O2OI

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Business Overview:

Business Description:
Unique and very famous Leisure and Entertainment Club.

Hamilton, NY.

Turn key business and Historic Commercial Building.

Recognized as one of the top 50 College Bars in USA.

In continuous operation in same family for more than 40 years.

The Company has been in continuous operation for more than 40 years.

It caters almost exclusively to local college students.

Students are typically bused into the local town and picked up by a continuous bus run back to campus.

The business is the only location in town that offers dancing.

The business is nationally renowned and for the last 3 years has been named one of the top 50 College Bars in the US.

This is a true turnkey sale as the bar is equipped with every imaginable item and gadget needed to run an efficient bar operation.

Additionally it is equipped with a state of the art sound system.

Company has a detailed operating manual that describes all processes, procedures and systems.

The new owner will find that 40 years of hand on experience is reflected in the manual.

The second floor apartment is fully furnished and in move in condition.

Historical Summary:
Turn key business and Historic Commercial Building.

Recognized as one of the top 50 College Bars in USA. In continuous operation in same family for more than 40 years.

The Company has been in continuous operation for more than 40 years.

It caters almost exclusively to local college students.

Students are typically bused into the local town and picked up by a continuous bus run back to campus.

The business is the only location in town that offers dancing. The business is nationally renowned and for the last 3 years has been named one of the top 50 College Bars in the US.

This is a true turnkey sale as the bar is equipped with every imaginable item and gadget needed to run an efficient bar operation.

Additionally it is equipped with a state of the art sound system.

Company has a detailed operating manual that describes all processes, procedures and systems.

The new owner will find that 40 years of hand on experience is reflected in the manual.

The second floor apartment is fully furnished and in move in condition.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Competition: ALMOST NONE Potential Growth: UNLIMITED

Reason for Selling:

RETIREMENT

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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