Request More Information Contact the Seller
- RE: Profitable Established Lounge
- Contact: Randy Shurbet
Quick Facts
| Asking Price: | $1,240,000 | |
| Annual Revenue: | $380,000 | |
| Net Profit: | $125,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $125,000 | |
| Real Estate: | $670,000 | |
| Year Established: | 2023 | |
| Employees: | 7 | |
| BBN Listing #: | 995191 | |
| Broker Reference #: | 71225 |
Business Overview:
A great opportunity to acquire an established profitable, attractive popular bar located in a major college town. The business has operated for 2.5 years, and the owner is selling due to other business interests. The business has grown each year in business and is projected to end 2025 over $500,000 in gross revenue. The property is over 100 years old but has totally been restored with new electrical, plumbing and the walls back to the original brick. This is truly a beautiful venue and there are 42 self-pour taps along with a liquor bar. The business is open from 6:00 pm to 11:00 pm on Wednesday and Thursday, and 6:00 pm to 12:00 pm on Friday and Saturday from 2:00 pm to 12:00 pm. There is live entertainment on Friday and Saturday and there is something on all the other days such as karaoke, open mike, and trivia. The profit in 2024 was in excess of $170,000.00. The addition of food would take this business over the top with estimated total food and alcohol sales of over $800,000.00. >>
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Other business interests. Kindly ask the seller for more information.Additional Details:
- The property is owned.
- 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:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
