Classic craft cocktail bar and lounge located in an iconic downtown area consistently ranked as one of the top destinations in the city. Mixed use development in the immediate trade area includes new, contemporary living spaces just steps away from some of the area's finest dining, entertainment and sporting venues. Lounge specializes in historic and contemporary cocktails and offers small bite menu items. A highly popular destination caters to a collection of diverse customers who relax and enjoy a fun and energetic social setting. Signature, fresh seasonal cocktails served to commemorate holidays and special events.
- Asking Price:
- $455,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $878,620
- Cash Flow:
- $111,101
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $5,029.00
Square Units (Foot, Meter): 2,250
Business Operation
- Expansion Potential:
-
Increase in food sales and more party sales could see a 30% increase in net sales
- Reasons for selling:
-
Reducing Private Holdings
- Trading hours:
-
Tuesday - Thursday 5pm to 12am | Friday & Saturday 5pm to 1am
- Employees:
- 16
- Years established:
- 11
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 4
- Furniture / Fixtures value:
- $135,328 - included in the asking price
- Inventory / Stock value:
- $37,070 - included in the asking price
