Award-Winning Craft Cocktail Lounge for Sale
Business Description
This is a rare opportunity to acquire a premier craft cocktail lounge located in a strategic downtown location. Established in 2019, this business has become one of the city's most celebrated destinations, known for its exclusive atmosphere, award-winning beverage program, and unique customer experience.
The business is a fully turnkey operation with established systems, a loyal and experienced staff, and a strong brand identity. It has garnered substantial acclaim, details of awards can be provident confidentially. The operation is managed remotely by the current ownership, presenting a significant opportunity for a local, hands-on proprietor to capitalize on untapped growth potential.
With a strong social media presence and consistent customer patronage, this lounge caters to a discerning clientele of young professionals, executives, and those seeking a refined nightlife alternative. The sale includes all tangible and intangible assets, making for a seamless transition for the new owner.
Detailed financial information will be made available to qualified buyers upon the execution of a confidentiality agreement.
The business is a fully turnkey operation with established systems, a loyal and experienced staff, and a strong brand identity. It has garnered substantial acclaim, details of awards can be provident confidentially. The operation is managed remotely by the current ownership, presenting a significant opportunity for a local, hands-on proprietor to capitalize on untapped growth potential.
With a strong social media presence and consistent customer patronage, this lounge caters to a discerning clientele of young professionals, executives, and those seeking a refined nightlife alternative. The sale includes all tangible and intangible assets, making for a seamless transition for the new owner.
Detailed financial information will be made available to qualified buyers upon the execution of a confidentiality agreement.
About the Business
- Years in Operation
- 6
- Employees
- 5
- Facilities & Assets
- The business occupies a 2,450 sq. ft. space in a prime downtown location, benefiting from proximity to major business centers and entertainment venues. The interior is thoughtfully designed with a small stage for live music, a main bar, and a mix of open and private seating. A significant advantage is ample nearby parking. The sale includes all FF&E, estimated to be valued at ~$40,000, and valuable intellectual property such as the brand, acclaimed recipes, and a substantial customer database.
- Market Outlook / Competition
- This establishment occupies a distinctive niche in the local market with few direct competitors offering a comparable craft cocktail experience. The unique concept and emphasis on quality have created a strong market position. While indirect competition exists from upscale restaurants and hotel bars, this business serves a specific clientele seeking a more exclusive and specialized social experience. Key competitive advantages include its brand recognition, award-winning products, and prime location.
- Opportunities for Growth
- Significant growth opportunities exist for a local, hands-on owner. A new owner could expand hours of operation to capture additional market share. There is substantial potential to develop a private event business by marketing the unique venue to corporate and private clients. Further growth can be achieved by building local marketing partnerships with nearby hotels and businesses to drive consistent traffic and enhancing the already strong brand through targeted digital campaigns.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,450
- Rent
- Not Disclosed
- Lease Expiration
- 4/30/2027
About the Sale
- Seller Motivation
- Geographical distance from business.
- Transition Support
- The business operates with a highly competent and efficient staff, including a General Manager who handles day-to-day operations. Employee turnover is exceptionally low. The core staff is critical to the bar's success and it is highly recommended they remain post-acquisition. The seller is committed to ensuring a smooth transition for the new owner.
Listing Info
- ID
- 2397221
- Listing Views
- 238
Listing ID: 2397221 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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