HS Listing ID-73251
Beautifully renovated cocktail lounge with a **full kitchen**, outdoor patio, established nightlife programming, and management in place.
- Location: Bronx, New York
- Asking Price: $260,000
- Rent: $4,000/month
- Lease: Approximately 8 years remaining
- Gross Sales: Approximately $1.1 million/year, seller-reported
- Owner Net Profit: Approximately $180,000/year under absentee ownership, seller-reported
- Licenses: Full Beer, Wine & Liquor License
- Kitchen: Full kitchen with cooking staff in place
- Hookah Service: Provided by a dedicated hookah manager
- Operating History: Approximately 18 months under current ownership
**Extensive Renovations & Upgrades:**
– Beautiful outdoor patio
– Fully renovated bar
– Updated ceilings, walls, and floors
– New equipment throughout
**Established Team & Management:**
– Loyal manager who also serves as bartender
– One cook on regular days; a chef and cook on busy days
– Dedicated hookah manager providing service on busy days
– Additional weekend staff includes a waitress and bottle service attendant
Approximately 4 employees on regular days and 6 on weekends
**Established Nightlife Business:**
– Strong focus on bottle service and parties
– Relationships with multiple nightlife promoters
– Events featuring occasional celebrity appearances
– Hookah service complements the lounge experience
**Opportunity:** A turnkey, extensively renovated lounge with a full kitchen, outdoor patio, and an established team supporting absentee ownership. Build on the existing nightlife business while expanding dining, private events, celebrations, and patio programming.
*Financial figures are provided by the seller and subject to buyer verification. Remaining lease term and license transfer requirements to be confirmed.*
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
