Bar and Night Club for Sale in Philadelphia County

Asking Price$1,100,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,000

Inventory$6,000
Not included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

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Bar and Night Club for Sale in Philadelphia County


Asking Price$1,100,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,000

Inventory$6,000
Not included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

Business Description
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 owner has also recently added 6 poker machines. 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.
About the Business
Years in Operation
20
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Listing Info
ID
2419535
Listing Views
329

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2419535 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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