Seller's Contact Information
- RE: Award Winning Craft Cocktail Lounge
- Contact: 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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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