Cocktail Bar by Costco & Cabela’s

La Vista, NE
Sarpy County


Asking Price: Annual Revenue:
$125,000 $318,413

Food & Beverage: Bars, Clubs, Nightspots


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RE: Cocktail Bar by Costco & Cabela’s Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $125,000 25% Buyer Down Payment: $31,250 25% Seller Financing: $31,250 50% Bank Loan: $62,500

Quick Facts

Asking Price: $125,000
Annual Revenue: $318,413
Net Profit: Not Disclosed
Cash Flow: $59,480
Total Debt: Not Disclosed
FF&E: $31,700
Real Estate: Not Disclosed
Year Established: 2008
Employees: 7
BBN Listing #: 54434398
Broker Reference #: RES078

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Business Overview:


$180,000 in buildout with a capacity of 105 people! This business has been open for 13 years and has a capacity of 105 patrons. They added a cozy fenced in patio with wind protection for smokers. There are two full time bartenders/ servers and five part-time servers/bartenders that take care of the customers. The lease is $4,635 per month for 2,500 square feet.
Selling the business as a part of a planned retirement strategy, the current owner is responsible for cleaning, inventory management, vendor relations, bookkeeping, bank deposits and payroll. There are growth opportunities in advertising on social media, establishing B2B relationships with nearby businesses and other forms of low cost or free advertising.
With continual development in the area, this bar and grill is in the prime location for success! When it comes to the developing areas in Omaha, this is one to watch. The neighboring $200MM project will bring apartment complexes, 300,000 sq. ft. of office space and neighborhood retail and an amphitheater in close proximity to this retail hot spot. Sporting a unique theme that lures in a mix of consistent locals and fresh out of town visitors, the bar hosts competitive dart leagues throughout the week, Keno and karaoke on the weekends to keep the place busy.

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Property Features and Assets:

Equipment: Walk-in Freezer/Fridge $18,000, kitchen hood $13,700, dishwasher, misc furniture, fixtures & equipment; Intangible Assets: Website; Build-out: $180,000; Inventory: $8,000.

Market Competition and Expansion:

Growth Opportunities: Social Media, B2B marketing with nearby businesses, advertising.

Reason for Selling:

Retirement

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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