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Bar And Night Club In Philadelphia County For Sale

Pennsylvania, US
Asking Price:
$1,100,000
Sales Revenue:
$840,000
Cash Flow:
$250,000

LISTING ID # 26206

Well-established bar and club for sale. Includes liquor license, entertainment license, R liquor license, hookah license, and cabaret license, of which there are only 17 in Philadelphia. Liquor License alone is worth 250,000. The bar is open seven days. The owner recently converted the dance area into another bar and lounge. Recently around $350,000 was spent on improvements. The property is being sold for $500,000 directly from the owner. Owner is also considering a partnership. The building has three floors, which are 6,400 square feet. This can be an excellent source of rental income. Please call for further information at

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Property Information

Location:

Philadelphia County, Pennsylvania

Business Operation

Reasons for selling:

Retirement

Employees:
1 FT / 4 PT
Years established:
20

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$30,000
Inventory / Stock value:
$6,000