Award Winning Craft Cocktail Lounge

Not Disclosed, OH
Cuyahoga County


Asking Price: Annual Revenue:
$455,000 $878,620

Food & Beverage: Bars, Clubs, Nightspots


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RE: Award Winning Craft Cocktail Lounge Broker: Vince Liuzzi

Quick Facts

Asking Price: $455,000
Annual Revenue: $878,620
Net Profit: Not Disclosed
Cash Flow: $111,101
Total Debt: Not Disclosed
FF&E: $135,328
Real Estate: Not Disclosed
Year Established: 2012
Employees: 16
BBN Listing #: 296763924
Broker Reference #: 022822-562260

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Business Overview:

Classic craft cocktail bar and lounge located in an iconic downtown area consistently ranked as one of the top destinations in the city. Mixed use development in the immediate trade area includes new, contemporary living spaces just steps away from some of the area's finest dining, entertainment and sporting venues. Lounge specializes in historic and contemporary cocktails and offers small bite menu items. A highly popular destination caters to a collection of diverse customers who relax and enjoy a fun and energetic social setting. Signature, fresh seasonal cocktails served to commemorate holidays and special events.

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Market Competition and Expansion:

Increase in food sales and more party sales could see a 30% increase in net sales.

Reason for Selling:

Reducing Private Holdings.

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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