Late Nightclub and Bar w/ 4COP and 6am Licenses i

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$975,000 $1,244,895

Food & Beverage: Bars, Clubs, Nightspots

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RE: Late Nightclub and Bar w/ 4COP and 6am Licenses i Broker: Fernando Mello
Owner Financing is Available!
Loan/Seller - Amt: 175,000 Mos: 24 Rate: 8.00 Mo Pmt: 7,914.78

Quick Facts

Asking Price: $975,000
Annual Revenue: $1,244,895
Net Profit: $263,883
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $93,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 8
BBN Listing #: 3022630
Broker Reference #: 2201526079

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Business Overview:

This nightclub and bar is a unanimous late-night/after-party destination in South Broward and one of the few options in the area with a full liquor 4COP license and closing at 6 am. Busy, frantic, and luxurious, with an authentic hookah lounge style. They are frequently featuring music shows and artistic performances for a loyal and affluent clientele, prominently Eastern European. Extremely well located on a busy avenue, with plenty of free parking space. Meager long-term rent and next-door space available for expansion, which can be a liquor store with the same license. Exceptional reviews on social media. Fully staffed with one experienced manager. Excellent books and records. The asking price includes the 4COP license and excludes the alcohol inventory. The seller is willing to finance a qualified buyer. This business will easily qualify for an investor visa. All prospects will be asked to present Proof of Funds or a Financial Statement and be interviewed by the listing broker.
This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Fernando Mello - at (561) 609-7371. Please refer to listing #2201526079

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Property Features and Assets:

Lease/Month: 4300 Square Footage: 2000 Building Type: Commercial Terms & Options: +2 x 5 years option Expiration Date: 6/30/2024

Market Competition and Expansion:

Non Compete: Miles: 10 Years: 3

Reason for Selling:

Personal reasons.

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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