This well-established bar and nightclub in Salt Lake County offers a vibrant atmosphere, a dedicated clientele, and a proven track record of success. Featuring a diverse menu, signature cocktails, and top-notch entertainment, this unique multi-level venue caters to a wide audience. Its longstanding success and prime location on a bustling main street create a solid foundation for continued growth, making it an excellent opportunity for a buyer seeking a thriving business in a dynamic market.
Housed in a beautifully renovated 19th-century building, the bar boasts a loyal customer base and a reputation for exceptional food, drinks, and entertainment. The venue's unique atmosphere seamlessly blends classic charm with modern style, ensuring a memorable experience for all patrons. This is a fantastic opportunity to acquire a successful business with significant growth potential.
This thriving establishment is known for its:
1. Diverse Menu: From creative small plates to signature entrees, the menu caters to a variety of palates.
2. Top-Notch Beverages: Featuring a curated selection of local craft beers, handcrafted cocktails, and distinctive wines, there's something for every taste.
3. Live Entertainment: This establishment offers a lively atmosphere with regular DJ performances, perfect for socializing and enjoying the night.
4. Prime Location: Situated on a well-trafficked main street, the bar enjoys excellent visibility and easy access for customers.
Competitive Advantages:
1. Longstanding Clientele: Years of consistent service have built a strong and loyal customer base.
2. Prime Location: High foot traffic and convenient access ensure a steady stream of patrons.
3. Proven Track Record: A history of success demonstrates the bar's strong appeal and profitability.
4. Unique Atmosphere: The historic building and multi-level layout create a memorable experience for guests.
5. Diversified Revenue Streams: Food, drinks, and entertainment contribute to a healthy
- Asking Price:
- $3,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,498,449
- Cash Flow:
- $568,665
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 12,600 square feet with Total Monthly Rent of $31,141. Lease ends May 2025. Seller is active in the business with 20 FT and 16 PT employees. Hours of operation are Tuesday – Saturday 5pm-1am and Sunday 11am-1pm. $250,000 in Inventory and $680,000 in FF&E included in asking price. $1,000,000 made in Leasehold Improvements. DABS Liquor License approval required.
- Size in square feet:
- 12,600
Business Operation
- Reasons for selling:
-
Owner wants to do something else in business
- Trading hours:
-
Tuesday – Saturday 5pm-1am and Sunday 11am-1pm
- Employees:
- 20 FT, 16 PT
- Years established:
- 2015
Other Information
- Support & training:
-
4 weeks
- Furniture / Fixtures value:
- $680,000 - included in the asking price
- Inventory / Stock value:
- $250,000 - included in the asking price
