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Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale

Lounge & Bar

Location  Pennsylvania,United States
Asking Price Range  < $250K
Gross Revenues  $120000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller Will Provide Training
Reason for Sale  Personal

Description  
The same owner in the same location since 2003. Club recently reopened after completion of 2 month $60k renovation including new floors, bar tops and sound system. Purchase price includes liquor license valued at $100k. Operated 3 days a week as a private club licensed to stay open until 3am. Significant upside to new owner willing to offer catered events. Highly motivated owner is selling due to other conflicting business interests and is open to offers. Historically this club has been very profitable with low operating expenses.


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