Multi-Use Entertainment Bar/Venue for Sale

Birmingham, AL
Jefferson County

Asking Price: Annual Revenue:
$299,000 $530,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Multi-Use Entertainment Bar/Venue for Sale Broker: Fletcher Brown

Quick Facts

Asking Price: $299,000
Annual Revenue: $530,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 13
BBN Listing #: 387129990
Broker Reference #: 213

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Business Overview:

World class multi-use entertainment facility. 10,000 square feet. Restaurant/pub, patio, and performance hall. Historical building. Plenty of private parking spaces plus unlimited street parking. High traffic count. Surrounded by office buildings and high density residential. Facility has the ability to make money 7 days a week. Owner has other business interests and has not come close to maximizing the potential of this facility. The facility is set up to accommodate casual dining and drinking or high volume.

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Property Features and Assets:

Multi-use entertainment facility is 10,000 square feet, including a patio and a performance hall. In a historical building, this facility is surrounded by office buildings and high-density residential. There is plenty of private parking spaces plus unlimited street parking.

Market Competition and Expansion:

Business is in a prime location and has a unique facility. It cannot be duplicated. A new owner could easily double the current revenue. New owner could add lunch, dinner, and late night food. Area has a high demand for delivery. Enormous potential with private party rentals and catering. Birmingham has a high demand and short supply of private rental facilities.

Reason for Selling:

Owner has another business

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.

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